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Microsoft Acquires Activision Blizzard for $69B to Play “key role” in Metaverse Development

Road to VR

Microsoft announced it’s planning to acquire Activision Blizzard for $68.7 Microsoft CEO Satya Nadella says the studio will play a key role in the development of its future metaverse platforms. Xbox doesn’t feature any form of official VR compatibility, not even with its range of Microsoft Mixed Reality headsets.

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The Future Is Now: 2023 Metaverse and XR Predictions Worth Looking Into

ARPost

2023 Metaverse and XR Predictions That Could Shape the Future of Tech 1. Thus, it’s probable that in 2023, we’ll be seeing more XR devices being used as workstations in the office. He goes on to share that the success of the Quest 2 will fuel interest in the new Quest 3, which should will be released in 2023.

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Big XR News from Meta, Microsoft, and Magic Leap

XR Today - Big XR News tag

This comes despite stronger-than-expected profits at the start of 2023. The Reality Labs division develops and manufactures Meta’s VR headsets, such as the Oculus Quest 2. The company faces increased competition from other VR and AR companies, such as Sony and Apple. Microsoft first announced its acquisition in 2022.

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The XR Week Peek (2023.05.01): Meta still committed to the Metaverse, Jio launches Dive headset, and more!

The Ghost Howls

And Meta will keep putting a lot of money towards this vision : in Q1 2023, the losses of Meta Reality Labs have been in the order of magnitude of billions of dollars, again. An important XR manufacturer has just launched a plastic cardboard in 2023. I think this is a wonderful piece of news for the ecosystem. Yes, you’ve read it well.

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CES 2023: How Far Can Tilt Five Take AR Gaming?

Upload VR

” Sometime I wonder what the path to consumer VR would have looked like if Palmer Luckey & Brendan Iribe hadn’t sold Oculus to Facebook. What if Oculus hadn’t hired researchers like Abrash from Valve? If you can’t onboard people quickly you can’t have a mass market product.” ” Yup. Got fired today.

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The XR Week Peek (2021.06.21): Facebook experiments with VR ads, PSVR 2 to come at the end of 2022, and more!

The Ghost Howls

Image by Sony Interactive Entertainment). According to a report from Bloomberg, Sony may release its much-awaited next-gen PSVR headset (which I informally call PSVR 2) during Holidays 2022. This is very interesting: it means that Sony is leaving another year to Facebook to gain market shares with the Quest. Other relevant news.

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How Will Covid-19 Impact AR & VR Headset Shipments?

AR Insider

Within VR, IDC projects the greatest growth for standalones like Oculus Quest and VIVE Focus. Specifically, Sony announced 5 million cumulative units sold in January. Oculus Quest — the fastest growing standalone — sold about 425,000 units in 2019 according to our calculations. Vantage Points. IDC forecasts 35.5M

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