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Samsung to Acquire AR/VR Microdisplay Company eMagin for $218M

Road to VR

eMagin, the US-based developer and manufacturer of OLED microdisplays for AR/VR headsets, announced a merger agreement with Samsung Display, a subsidiary of the Korean tech giant. The company announced in a press statement that Samsung will acquire all outstanding shares of eMagin common stock on a fully diluted basis for $2.08

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Samsung Revenue Drops as it Enters the XR Market

XR Today - Virtual Reality

Today, international electronics vendor Samsung released its Q2 earnings report, highlighting massive financial losses as the firm moves towards producing XR devices and components. In its recorded earnings , Samsung revealed that its Q2 net profits fell by 84.5 percent from last year to $1.4

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Samsung to Debut MR Headset in 2024?

XR Today - Mixed Reality tag

This week reports from a Korean online publication highlighted how Samsung may release an MR headset in 2024, following a year of rumours, leaks, and partnerships as the leading technology firm works with XR industry giants such as Apple, Google, and Qualcomm to become a fresh horse in the immersive space race. trillion Korean won.

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Baobab Studios Raises $25 Million in New Funding Round

Road to VR

Original investors included Comcast Ventures, HTC and Samsung, but now join Horizons Ventures, Twentieth Century Fox, Evolution Media Partners (backed by TPG and CAA), China’s Shanghai Media Group, Youku Global Media Fund and LDV Partners. SEE ALSO Comcast, Samsung, and HTC Join $6 Million Investment in VR Animation Studio 'Baobab'.

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Weekly Funding & People VR/AR Roundup1) EntryPoint Raises.

AllThingsVR

Led by Samsung NEXT (the VC arm of the South Korean giant) and Two Sigma Ventures (a division of the investment manager of the same name), the round also includes Indicator Ventures, KBS Ventures, Galvanize Ventures, Social Starts, Female Founders Fund and Virtual Reality Investments. Entrypoint closed a $2 million round of seed funding.

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The Best 360º Cameras: VR Professionals Weigh-In

VRScout

Created VR for Samsung, Sony, Sky, U2, FX, Warner Bros, and more. Movies like “Baraka” and “2001: A Space Odyssey” were not conceived or finalized because they were easy or cheap to make. Visualise has produced over 100 experiences for clients like BBC, Mercedes, Thomas Cook, Oakley, MSF, Samsung and Audi.

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A Brief History of VR

VeeR VR

In 2001, SAS Cube created the first PC based cubic room that then led to the development of Virtools VR pack, a library pack add-on. 2014 was also the year that Samsung announced the Samsung VR gear that would eventually be released in 2016. . VR Development 2000- Present. .