Featured
Facebook Is Buying Another Virtual Reality Game Studio

(Bloomberg) — Facebook Inc. said it has acquired development studio Sanzaru Games to join the Oculus gaming group inside its virtual-reality division.
Sanzaru has produced a number of games, including from the Sonic the Hedgehog and Marvel Studios franchises, according to its website. The studio’s most popular VR game, Asgard’s Wrath, was highly reviewed at the time of its release in October, and was included in several games-of-the-year lists.
The “vast majority” of Sanzaru’s nearly 100 employees will join Oculus, including the company’s founders, and Sanzaru will operate independently out of their existing offices, Facebook said Tuesday. Terms of the acquisition weren’t disclosed. The deal comes three months after Facebook acquired Beat Games, the maker of another popular VR game called Beat Saber.
“We’re exploring many ways to accelerate VR,” a Facebook spokeswoman said in an email. “We believe it is great for content to be developed outside of Oculus and Facebook. That said, there are instances where it will make sense for us to have a deeper stake in order to more fully support content development and enhance the user experience.”
-
Banking & Finance2 months ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
OER Magazines1 month ago
OER, July 25
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, July 25
-
Education2 months ago
Russia offers diverse tourism and education opportunities: Sofia Malyavina
-
Banking & Finance2 months ago
Bank Muscat organises Media Visit to showcase Premier Banking and Wealth Management Solutions
-
Digital1 month ago
Russia’s Digital Frontier: An Inside Look with Alexey Goreslavsky of IRI
-
Energy2 months ago
Oman Investment Authority launches the Sultanate’s First Energy Transition Fund
-
Business2 months ago
Need to rebuild trust and collaboration says Alexander Stuglev, Chairman & CEO of the Roscongress Foundation