Virtual Reality Headset Manufacturers Create New Trade Group – Global Virtual Reality Association

VIRTUAL REALITY INDUSTRY LEADERS COME TOGETHER TO CREATE NEW ASSOCIATION Acer Starbreeze, Google, HTC VIVE, Facebook’s Oculus, Samsung, and Sony Interactive Entertainment today announced the creation of a non-profit organization of international headset manufacturers to promote the growth of the global virtual reality (VR) industry. The Global Virtual Reality Association (GVRA) will develop and share […]

Magic Leap’s Valuation at $4.5B Thanks to Latest Investment of $793.5M

Magic Leap announced $793.5 million in new funding, led by Alibaba Group. Continued investment comes from Google Inc., Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, and others. New investment also comes from Warner Bros. and tier-one financial institutions, including Fidelity Management and Research Company, J.P. Morgan Investment Management, Morgan Stanley Investment Management, funds […]

VR ROUNDUP – Looking for What’s Around the Corner

This year’s Casual Connect in San Francisco (Aug 11-13) is the launch of a new track called “Next-Gen Immersive Game Experience”. The Next Gen Track is focused on presenting the latest in Virtual Reality, Augmented Reality, Haptic Technology and immersive formats. Along with leading thought-leaders and company presentations, there will be a number of developers […]