1. Acer to invest $10 million in IMAX VR Content Fund

Acer to invest $10 million in IMAX VR Content Fund

Investment is aimed at supporting the development of high quality VR content.

By: | Published: November 14, 2016 4:54 PM
Acer is among a group of companies, including firms from the media and entertainment industry, who are investing in this fund to boost VR experiences to the next level.  (Reuters) Acer is among a group of companies, including firms from the media and entertainment industry, who are investing in this fund to boost VR experiences to the next level. (Reuters)

Taiwanese hardware and electronics firm Acer has pledged to invest US$ 10 million in the IMAX VR Content Fund, which will support the development of high-quality VR content.

Acer is among a group of companies, including firms from the media and entertainment industry, who are investing in this fund to boost VR experiences to the next level.

With this strategic investment and collaboration with it partners including Starbreeze in the hardware and entertainment sector, Acer aims to help in bringing better VR experiences in IMAX VR centers and beyond.

“Acer is excited to join forces with IMAX and other world-class investors to help foster top shelf content for the thriving VR industry,” said Jason Chen, corporate president & CEO, Acer in a statement.”

According to company, Acer and its joint venture partner, Starbreeze had begun shipping cinematic StarVR Head-Mounted Displays (HMD) to IMAX Corporation in preparation for the opening of the IMAX VR Center in Los Angeles.

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