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VR Education takes first steps into Asia with South Korean deal

May 14, 2019 / Ellie Donnelly

VR Education has taken its first steps into the Asian market through an agreement with D'Carrick, a South Korean immersive digital content company. The deal is worth €70,000 a year to the Waterford-based group over a three year period. It provides VR Education with an important entry point into the South Korean education market for its ‘Engage’ platform. The platform, which the group launched in December last year, can be used in schools, universities, and corporate training to teach subjects in a virtual reality environment. Meanwhile, D'Carrick uses technologies to create educational programmes for the South Korean education system, providing continuous innovation across various VR and AR platforms. Under the terms of the deal, D’Carrick will roll out the ‘Engage’ platform to a set number of students in South Korea, with additional fees should it exceed this number. In addition, it will resell the platform, with 30pc of revenue from sales go...