Mississauga, ON -- (SBWIRE) -- 02/08/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Pulse Evolution Receives $10 Million Investment."
Companies mentioned in this article include Pulse Evolution Corporation (OTCPK:PLFX).
According to Digi-Capital, the augmented reality and virtual reality market could reach $150 billion by 2020. The report from Digi-Capital notes that the market is already seeing a healthy level of competition.
Digi-Capital believes that for the augmented reality and virtual reality market to meet its potential, 7 key drivers will have to be delivered. Some of them though are already in place, the report notes. The 7 drivers include mobility, vision, immersion, usability, flexibility, wearability and affordability. Another key for the market to meet its potential will be investment.
This morning, Florida-based Pulse Evolution Corporation (OTCPK:PLFX), which focuses on the production of specialized, high-impact applications of computer-generated human likeness for utilization in entertainment, life sciences, education and telecommunication, announced that it received $10 million in investment from Original Force Computer Animation Co. Ltd. and Shanghai U9 Game Co. Ltd. The two companies invested in PLFX common stock at a valuation of $1 per share. In mid-day trading on Monday, PLFX was trading at $0.550.
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