Virtualware Marks One Year Since the Acquisition of Simumatik: A Successful Integration Strengthening Growth and Innovation
Bilbao, October 28, 2025 – Virtualware (EPA: ALVIR), a pioneer in 3D-driven enterprise software, celebrates the first anniversary of its acquisition of Simumatik, marking a year of successful integration, growth, and strategic alignment that has strengthened the company’s industrial simulation and digital twin capabilities.
Since joining the Virtualware ecosystem in October 2024, Simumatik has seamlessly integrated into the company’s operations, expanding its team and accelerating product development. The Simumatik platform, now fully aligned with Virtualware’s flagship XR platform VIROO, has seen strong adoption and is on track to exceed last year’s revenue, underscoring the success of the acquisition.
“Acquiring Simumatik was a strategic move to reinforce our position in the industrial digital twin space. One year later, we can proudly say the integration has been a success — culturally, technologically, and commercially. The Simumatik team has grown, the product has evolved, and together we are delivering more value to our customersess model that supports people, planet, and progress“
Unai Extremo, CEO and Founder at Virtualware.
The Simumatik platform enables users to design, simulate, and test automation systems in a 3D virtual environment offering a powerful complement to VIROO’s enterprise XR capabilities. Over the past year, the two teams have worked closely to create a seamless workflow between simulation and immersive training environments, setting new standards for industrial innovation and education.
“Being part of Virtualware has allowed us to accelerate our vision and expand our impact. With access to new resources, expertise, and markets, our technology is reaching more customers and evolving faster than ever.“
Mikel Ayani, Founder of SImumatik
This milestone underscores Virtualware’s ability to execute disciplined M&A as part of its growth strategy, combining technological innovation with operational excellence. The success of Simumatik integration reinforces investor confidence in the company’s long-term plan and consolidates its leadership in the industrial and educational markets across Europe and North America.
Founded in 2004, Virtualware is one of the leading experts in immersive and 3D technology solutions. The company serves global organizations and institutions including GE Vernova, Petronas, Volvo, Gestamp, Alstom, ADIF, Bosch, Biogen, Kessler Foundation, Invest WindsorEssex, McMaster University, the University of El Salvador, Ohio University, the Spanish Ministry of Defense and the Basque Government.
The company’s headquarters are in Bilbao, Spain, with offices in Orlando, US, Toronto, Canada, and Skövde, Sweden.
