Indian Platform-Agnostic Tesseract VR headset

NOV. 17, 2015 • A new player in the growing virtual reality hardware arena is Absentia VR in Bangalore. The firm recently secured ₹12 million ($182,000) in a round of investment financing from Astarc Ventures and 50K Ventures, as well as debuted its Tesseract VR headset at the first Indian Games Expo (IGX) held last weekend in Mumbai. Unlike either the Oculus Rift or PlayStation VR headsets, which utilize proprietary technology to create the virtual reality .....

Activision Blizzard Spends Big On King

NOV. 3, 2015 • Activision Blizzard is spending $5.9 billion ($18 per share) to acquire all outstanding shares of Dublin, Ireland-based Candy Crush Saga creator King Digital Entertainment. Of the total, $3.6 billion is cash that Activision Blizzard has parked outside the United States. The remainder is made up by a loan fronted by Bank of America Merrill Lynch and Goldman Sachs Bank. The a.....

CrossFire Goes Hollywood

OCT. 15, 2015 • South Korea’s Smilegate Group has just inked a deal with Fast and the Furious production company Original Film to develop a motion picture based on the CrossFire online FPS franchise. The agreement marks the first time a South Korean game property has been adapted for a film. After eight years in release, CrossFire is available online in more than 80 countries, has topped 6 million concurrent users, and has more than 400 million registered .....

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