VirTra Inc
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Industrials : Aerospace & Defense | Small Cap Blend
Company profile

VirTra, Inc. is a global provider of training simulators, firearms training simulators and driving simulators for the law enforcement, military, educational and commercial markets. The Company's technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship and related training that mimics real-world situations. Its firearms training simulator allows marksmanship and realistic scenario-based training to take place on a daily basis without the need for a shooting range, protective equipment, role players, safety officers, or a scenario-based training site. It has developed a range of simulation training including capabilities such as: multi-screen, video-based scenarios, scenario authoring ability, superior training scenarios, Threat-Fire shoot-back system, gas-powered simulated recoil weapons, and more. Its simulator products include V-300 Simulator, V-180 Simulator, V-100 Simulator & V-100 MIL, VirTra Driving Sim, and others.

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Microsoft offers to keep 'Call of Duty' on PlayStation for at least a decade as it seeks to close Activision deal

8:22 am ET March 9, 2023 (MarketWatch)

By Wallace Witkowski

After agreeing to deals with Nvidia and Nintendo to put Activision's biggest games on those companies' platforms, Microsoft tells U.K. it is willing to do the same with Sony

Microsoft Corp. proposed a series of licenses that would allow wide availability of Activision Blizzard Inc. games to be available for at least a decade in a bid to get U.K. regulators to sign off on its $69 billion acquisition of the videogame publisher.

The U.K.'s Competition and Markets Authority said in February it would block the acquisition unless the publisher's top franchise, "Call of Duty," was divested to ensure it was available on more than just Microsoft's (MSFT) Xbox consoles. In its response to the CMA, PlayStation maker Sony (6758.TO)agreed with U.K. regulators and said that acquisition should be blocked or that "Call of Duty" should be divested.

Microsoft, however, noted to the CMA that it has already taken steps to ensure wide availability in a 10-year deal to make games available to Nintendo Co. and to Nvidia Corp.'s (NVDA) cloud gaming service.

In a response to regulators, Microsoft said the agreements with Nintendo and Nvidia will bring "Call of Duty" to an additional 150 million gamers worldwide if the acquisition is allowed. The company also said it would be willing to strike a similar deal with Sony for the Activision Blizzard (ATVI)game.

"In addition to the legally binding agreements entered into with Nintendo and Nvidia, Microsoft is proposing a package of licensing remedies which (i) guarantee parity between the PlayStation and Xbox platforms in respect of CoD and (ii) ensure wide availability of CoD and other Activision titles on cloud gaming services," Microsoft told regulators.

Shares of Microsoft slipped 0.8% in Wednesday trading, while Activision shares rose 0.3%, and American depositary receipts of Sony rose 0.8%.

-Wallace Witkowski


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March 09, 2023 08:22 ET (13:22 GMT)

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