LG Electronics has acquired a stake in Mo-Sys Engineering.

The strategic seed investment and partnership will expand LG Business Solution’s capabilities in the virtual production and broadcasting technology segments, enabling LG to deliver a more comprehensive lineup of sophisticated hardware- and software-based solutions, according to Ki-mun Paik, senior vice president and head of the Information Display business unit of LG Business Solutions Company.

“This new partnership and the unique value we’ll be able to deliver to customers combines LG’s mastery of display technology with Mo-Sys’s expertise in virtual production solutions,” said Paik. “LG will continue to pursue collaboration with partners to strengthen its capabilities as a provider of B2B solutions and innovative experiences.”

Michael Geissler, CEO of Mo-Sys Engineering, added, “Having LG’s support as we continue to innovate in the field of next-generation virtual production technology will enable us to enhance our R&D efforts, drive sustainability, and create more efficient production solutions.”

Through its strategic partnership with Mo-Sys, LG will be able to offer a fuller range of solutions for virtual production and XR studios, Paik explained. As part of the agreement, the two companies will be able to seamlessly support customers who choose to combine LG’s LED displays and controllers with Mo-Sys’s extended reality (XR) products and systems to create a total solution for XR.

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