Clyde & Co represents Virtuos in acquisition of real-time visual effects studio Beyond-FX

Acquisition continues Virtuos’ global expansion as one of the world’s largest independent video game development companies

Singapore, 2 April 2024: Global law firm Clyde & Co represented Virtuos, a leading global video game development company based in Singapore, in its acquisition of Beyond-FX, a full-service visual effects (VFX) studio, in Los Angeles, United States.

Beyond-FX will be Virtuos’ first full-service VFX studio in North America

Through the acquisition of Beyond-FX, Virtuos will have its first full-service VFX studio in North America, strengthening the company's game development offerings for clients in the region. Founded in 2015, Beyond-FX is a preeminent studio in the field of real-time VFX for AAA games.

Thomas Choo, Managing Partner at Clyde & Co in Singapore and Head of Corporate, APAC, said: “We are pleased to assist Virtuos in expanding its portfolio and furthering its presence in the United States. This transaction demonstrates Clyde & Co’s cross-border M&A capabilities in APAC in all sectors where we operate. This includes leading gaming development companies such as Virtuos, established TMT companies and start-ups, and other sectors such as financial services, insurance, energy and infrastructure.”

Charles Wu, Counsel at Clyde & Co in Hong Kong, adds: “This transaction demonstrates our ability to combine cross-border and cross-cultural understanding, with our experience and expertise of the U.S. transactional market, leading to the best possible outcome for our clients.”

Virtuos is headquartered in Singapore and has over 3,700 employees across 22 offices in Asia, Europe, and North America. This acquisition marks the continued expansion of its global presence and service offerings, following expansions into Vietnam, the launch of a studio in Tokyo, and engineering-focused labs in Warsaw and Prague.