AXON - Axon acquires VR training solutions provider Foundry 45

Axon (NASDAQ:AXON) on Wednesday said it acquired Foundry 45, a virtual reality (VR) studio focused on developing immersive training modules for large enterprises. The acquisition, which closed on Apr. 5, will integrate Foundry 45 into the Axon VR team. The acquisition will help accelerate Axon deliver innovative skills- and scenario-based training in public safety, and will catalyze its expansion into new growth markets globally. Equity inducement awards of 29.5K restricted stock units were granted to 2 individuals in connection with the acquisition.

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Axon acquires VR training solutions provider Foundry 45