Okay, let’s dive in. So, here’s the scoop: Patrick O’Luanaigh, you know, the dude who kickstarted NDreams – that VR wizardry company – is kinda switching gears. Picture this: it’s June 1st, and bam, Patrick decides to move from being the big boss to hanging out as the chair dude. And guess what? Tom Gillo, the chief development maestro, is stepping up to be the new head honcho.
Patrick and Tamsin – let’s call her Tammy, cause why not? – they rented this teeny office back in ’06 and just went for it. The VR scene was like this uncharted territory back then. Patrick chats about how proud he is of their journey – no, seriously, it’s been wild. He’s like, “We’ve done a ton, but man, VR and MR are just babies right now.” Oh, and moving on as Chairman, he’s super psyched to watch the company go even crazier heights. Tom, on the other hand, he’s like, completely stoked. It’s cool, you know, cause he and Patrick go way back – like PlayStation Home era. Talk about history. For Tom, building NDreams was like… the best chapter ever. Now he gets to level it up with Aonic backing them up, which sounds pretty epic, right?
Speaking of Aonic, they scooped up NDreams in 2023 for this whopping $110 million. But then – and here’s the kicker – almost a year later, they let go of about 17.5% of their crew. Yup, that happened. So there you have it. Life in the fast lane of VR, I guess.