Data Vault Holdings, Inc.®, a private company leading the way in data visualization, valuation, and monetization, which has entered into a definitive asset purchase agreement to sell its Datavault® and ADIO® IP and IT assets to WiSA Technologies, Inc. (“WiSA Technologies” or the “Company”)(NASDAQ: WISA), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems, announces its launch of DVHolo, its hologram product suite, powered by ADIO® and developed in partnership with HYPERVSN, renowned for its innovative holographic solutions and backed by prominent venture investors, including Sir Richard Branson and Mark Cuban. DVHolo is a step forward in the fields of advertising, signage and live events by providing businesses with an immersive, real-time 3D holographic experience that is both visually compelling and commercially potent.
Key benefits of DVHolo include a 40% longer viewing and engagement time compared to standard 2D digital signage; two times higher chance of holographic images being seen; and up to a 40% increase in sales of promoted products.1 These advantages are backed by ADIO®’s advanced analytics and reporting capabilities, which provide businesses with deep insights into consumer behaviour and campaign effectiveness.
About the DVHolo Product Suite
This new product suite combines ADIO®, which leverages data packets embedded within audio signals to deliver precise, targeted content, with HYPERVSN’s 3D holograms. By synchronizing the audio signals with HYPERVSN’s 3D holographic visuals, DVHolo offers a fully immersive experience that surpasses conventional methods. The result is a dynamic, robust medium that keeps audiences deeply connected to the brand message. Apart from its applications in ads, the DVHolo product suite is designed to broadcast live events in real-time, featuring high-definition 3D holograms of presenters, performers, or speakers.
Kiryl Chykeyuk, CEO and Co-Founder of HYPERVSN, emphasized the impact of this collaboration: “HYPERVSN’s partnership with Data Vault Holdings allows organizations to extend their reach, engage with larger audiences, and maximize impact, without the significant costs typically associated with traditional methods. DVHolo’s ability to seamlessly integrate content into various platforms ensures that brands can activate and monetize audiences anywhere, anytime, with unparalleled efficiency.”
“DVHolo combines HYPERVSN’s state-of-the-art 3D holographic technology with ADIO®’s cutting-edge tone technology. Unlike traditional advertising, this powerful combination brings an entirely new experience that captures and better retains audience attention, significantly increasing engagement and conversions,” said Nathaniel Bradley, co-founder and CEO of Data Vault Holdings.
The Holographic Display Market
By 2032, the global holographic display market is expected to reach over $23 billion, growing at a CAGR of over 20% from its market value of $3.3 billion in 2023.2 The partnership between Data Vault Holdings and HYPERVSN positions both companies to capitalize on this rapid growth, offering a solution that meets the rising demand for immersive digital experiences across industries.
Summary of WiSA Technologies & Data Vault Holdings Proposed Asset Purchase
As announced on September 4, 2024, WiSA Technologies entered a definitive asset purchase agreement to purchase the Datavault® and ADIO® intellectual property and information technology assets of privately held Data Vault Holdings (the “Asset Purchase”). Subject to customary conditions and approval by the stockholders of WiSA Technologies, the closing is expected before December 31, 2024. A webcast about the transaction is accessible under the Investors section of WiSA Technologies’ website.
About Data Vault Holdings Inc.
Data Vault Holdings is a technology holding company that provides a proprietary, cloud-based platform for the delivery of blockchain objects. Data Vault Holdings provides businesses with the tools to monetize data assets securely over its Information Data Exchange® (IDE). Data Vault Holdings is in the process of finalizing the consolidation of its affiliates Data Donate Technologies, Inc., ADIO LLC, and Datavault Inc. as wholly owned subsidiaries under one corporate structure. Learn more about Data Vault Holdings Inc. here.
About HYPERVSN
HYPERVSN is the award-winning British company responsible for developing the disruptive Integrated 3D Holographic Display Platform that provides an immersive experience for viewers. Their proprietary solutions merge physical and digital realms to create immersive, floating visuals that captivate and leave a lasting impression. With applications in retail, entertainment, education, corporate spaces, signage and advertising, HYPERVSN’s immersive solutions deliver impactful messaging that sets brands apart. Since its official release in 2017, HYPERVSN has been named among 10 best technologies by Yahoo!, USA Today & Inc Magazine. Backed by Mark Cuban and Sir Richard Branson, it has been used by over 25% of Fortune 500 companies in 90+ countries. Learn more about HYPERVSN here.
About WiSA Technologies
WiSA Technologies, Inc. is a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems. Working with leading CE brands and manufacturers such as Harman International, a division of Samsung; LG; Hisense; TCL; Bang & Olufsen; Platin Audio; and others, the Company delivers immersive wireless sound experiences for high-definition content, including movies and video, music, sports, gaming/esports, and more. WiSA Technologies is a founding member of WiSA™ (the Wireless Speaker and Audio Association) whose mission is to define wireless audio interoperability standards as well as work with leading consumer electronics companies, technology providers, retailers, and ecosystem partners to evangelize and market spatial audio technologies driven by WiSA Technologies. The Company is headquartered in Beaverton, OR with sales teams in Taiwan, China, Japan, Korea, and California. Learn more about WiSA Technologies here.