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.
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