Virtual Reality

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Kuato Studios raises $6 million as it launches VR title Panic Room News Jan 14th, 2021

Kuato Studios raises $6 million as it launches VR title Panic Room

"We are incredibly excited to be launching this game as part of our ambition to shift into the VR market"

Omdia: Consumers will spend $3.2bn on VR this year News Dec 1st, 2020

Omdia: Consumers will spend $3.2bn on VR this year

This figure set to triple by 2025

Resolution Games secures publishing deal with Odd Raven Studios News Nov 16th, 2020

Resolution Games secures publishing deal with Odd Raven Studios

“Resolution Games has proven to be a leader in the VR space by providing top titles and being the most proficient studio at multiplayer and cross-platform games"

SuperData: Oculus quest was the best-selling VR headset last quarter News Oct 29th, 2020

SuperData: Oculus quest was the best-selling VR headset last quarter

Investment in VR and AR firms will hit $915 million this year

Facebook officially reveals Oculus Quest 2 News Sep 17th, 2020

Facebook officially reveals Oculus Quest 2

Hardware starts shipping next month, comes with $299 price tag

Embracer Group picks up VR firm Vertigo Games News Sep 16th, 2020

Embracer Group picks up VR firm Vertigo Games

THQ Nordic parent company made the acquisition through its Koch Media subsidiary

Facebook claims Oculus brand isn't going anywhere News Sep 1st, 2020

Facebook claims Oculus brand isn't going anywhere

Follows confusing announcement from the social media giant

Oculus rebrands as Facebook Reality Labs News Aug 27th, 2020

Oculus rebrands as Facebook Reality Labs

"Together, AR and VR will change how we work, interact, and play, with novel use cases we haven’t even begun to imagine"

SuperData: XR will generate $6.9bn in 2020 News Jul 29th, 2020

SuperData: XR will generate $6.9bn in 2020

That's $600m more than previously predicted, but well below the $7.7bn it had originally forecast

Apple's virtual reality hardware could hit the market in two years News Jun 24th, 2020

Apple's virtual reality hardware could hit the market in two years

Mike Rockwell and Jony Ive did not agree on the design

Resolution Games welcomes Tom Hall as its new senior creative director Job News Jun 24th, 2020

Resolution Games welcomes Tom Hall as its new senior creative director

"I've been a fan of VR and AR for a long time"

Oculus will stop producing its Oculus Go hardware News Jun 24th, 2020

Oculus will stop producing its Oculus Go hardware

To focus on the Rift and Quest

Facebook acquires Lone Echo developer Ready At Dawn for Oculus Studios News Jun 23rd, 2020

Facebook acquires Lone Echo developer Ready At Dawn for Oculus Studios

No figure placed on the deal just yet

PGC Digital: Cooperative Innovations on launching Spaceteam VR News Jun 11th, 2020

PGC Digital: Cooperative Innovations on launching Spaceteam VR

"A lot of people mentioned that they enjoyed the social VR angle"

VR firm XRSpace reveals new standalone headset Mova News May 29th, 2020

VR firm XRSpace reveals new standalone headset Mova

Retailing for $599

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