Eyecandylab, a privately owned company and subsidiary of Accedo, headquartered in Germany, was founded in 2017 and employs approximately 20 individuals. The company reported $1.6M in revenue as of 2023. Functioning as a solution provider, it specializes in creating Augmented Reality (AR) enhanced experiences for television and streaming platforms. Its technology synchronizes immersive AR content with on-screen video, aiming to boost user engagement and increase e-commerce conversion rates. Eyecandylab partners with global telecommunications operators and media companies, including Deutsche Telekom, Telefonica, and Verizon, to support their core business growth, develop new direct-to-consumer products, and deliver next-generation viewing experiences to customers. The company leverages strategic partnerships with entities such as Google, Qualcomm, and Unity to develop advanced entertainment experiences.
Accedo, a video experience pioneer, announced the acquisition of eyecandylab, an Emmy-nominated provider of innovative extended reality (XR) solutions, on [date]. eyecandylab's products and solutions enable customers to leverage the potential of new innovative use cases for XR across various platforms and industries. Their patented technology speeds up development and delivers efficiency. In a separate development, eyecandylab collaborated with LG Uplus, South Korea's leading 5G service provider, to launch a new home shopping experience. Furthermore, the brand launched a retail AR experience with eyecandylab in its Paris store alongside a collection of sustainably made shoes.
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Eyecandylab offers products in the media tech industry. Eyecandylab's product portfolio comprises of graphics.
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Eyecandylab's revenues were less than $10M in 2023. All the revenue comes from vFX and graphics software.
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Eyecandylab's customers primarily consist of sporting Goods and telecoms companies. Examples of Eyecandylab's customers include Vodafone, Adidas and Verizon Consumer.
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