Yuga Labs Acquires Improbable’s Unreal Engine Platform for Otherside Expansion

Yuga Labs secures Improbable’s Unreal Engine-based platform and permanent concurrency tech license, with key engineers joining to advance Otherside development.

Summary

Yuga Labs announced it has acquired Improbable’s Unreal Engine-based platform supporting its metaverse project Otherside and obtained a permanent license for the platform’s high-concurrency technology. Several Improbable engineers involved in Otherside’s development will transition to Yuga Labs next year to accelerate metaverse expansion efforts.

Terms & Concepts
  • Unreal Engine: A widely used 3D game development platform enabling creation of interactive environments.
  • Concurrency technology: Software capability allowing large numbers of users to interact in a virtual environment simultaneously.