Alexis Macklin, Research Manager
Analyst Commentary
IMAX Opens $50M Investment Fund
IMAX announced Thursday that the company will open a $50 million investment fund with five other partners, focused on virtual reality games and film. The move is a natural progression as it further invests in its location-based VR centers in the U.S., the U.K., China, and other locations. Location-based VR will likely be the experience most consumers have with high-end VR headsets, which has the potential to cultivate unique types of content that consumers won't be able to experience at home.
HTC Announces Wireless Vive Accessory
HTC announced the release of a wireless add-on on Thursday through TPCAST, a company in HTC's VR accelerator. While the accessory will cut the cord, the wireless add-on will only temporarily fix the long term issue of wires. With momentum by Oculus, Intel and Qualcomm, HTC will have standalone competitors sooner rather than later.
Top Industry News
- Vive Gets Unplugged Via $220 Wireless Add-On TechCrunch
- IMAX Raises $50M To Fund VR Content Forbes
- VR Likely To Boost Alibaba's Revenues On Singles Day Forbes
- Facebook's 10-year plan: Drones, Satellites and VR Telegraph
- Guardian Launches New VR Experience - Underworld The Guardian
- Zotac's VR Go Mini PC Now Comes With Backpack Straps The Verge
- Oculus Rift Now Officially Runs on Cheaper PCs The Verge
- Daydream Launch: Brands Have Short Time to Experiment VentureBeat
- Google Confirms Huawei Will Be Daydream Ready UploadVR
- Try Vive, PSVR, Rift, Touch, Gear, Daydream for Free Road to VR
- NVIDIA Built VRWorks Into Unity, Builds Available Now Road to VR
Greenlight Insights in the News:
- VCs Contemplate If Exuberance is Good for Investing VentureBeat
- VR Will be a $38B Industry by 2026 Fast Company
- VRS Teaches Minorities to Become VR Producers Black Enterprise
- U.S. VR Hardware, Software Market to Hit $38B by 2026 VentureBeat