Falcon's Beyond Global Finalizes Acquisition of Oceaneering Entertainment Systems, Expanding Global Entertainment Capabilities

Reuters
05/16
Falcon's Beyond Global Finalizes Acquisition of Oceaneering Entertainment Systems, Expanding Global Entertainment Capabilities

Falcon's Beyond Global Inc., a leader in immersive storytelling, has completed the acquisition of Oceaneering Entertainment Systems (OES) from Oceaneering International Inc. The acquisition, announced on May 15, 2025, strengthens Falcon's position as a global leader in advanced ride and show systems. This move enhances the growth of Falcon's Attractions Division with OES's industry-leading intellectual property, technology, talent, and capabilities. Falcon's has assumed a lease for a 106,000+ square-foot facility and hired key members of OES's experienced team. The transaction, which follows a letter of intent announced in November 2024, is expected to expand Falcon's market reach, diversify its client portfolio, and provide new revenue streams, supporting its long-term growth objectives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Falcon's Beyond Global Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-072762), on May 15, 2025, and is solely responsible for the information contained therein.

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