Money articles

Peter Mason tries the Oculus virtual reality headset at the Game Developers Conference 2014 in San Francisco

Two virtual reality startups acquired by Oculus

Two virtual reality startups acquired by Oculus

Just as the virtual reality sector is heating up, Oculus VR announced its acquisitions of startup companies Nimble VR and 13th Lab AB. Oculus, which was acquired by Facebook in a $2 billion deal in March, didn’t divulge the financial details of the acquisitions. San Francisco-based Nimble VR, which was formerly known as 3Gear Systems,


Kancord secures $1.5M, hopes to enter China and Korea next year

Kamcord, the US-based mobile game video recording software development kit (SDK) has raised $15 million in series B funding from major publishers and investors. This round of funding was led by Japan’s top mobile games publisher GungHo Online Entertainment. Funding support also came from Cyprus-based Wargaming and previous investor from China, Tencent. A handful of