Detailed more on MTBS, Samsung and Oculus VR have joined forces to announce Gear VR, a new HMD add-on for Samsung’s Note 4 Smartphone. However this is just one piece of a wonderful puzzle.
First, ITA member NextVR (formerly known as Next3D) has raised five million dollars in investment capital to grow their VR content creation and distribution service, and they already have an arrangement with Oculus VR for content distribution through the Gear VR product line. NextVR is making a name for itself in being able to record real-life events, and making it possible for others to experience them remotely as though they are there in person. Very exciting stuff!
The industry has a diverse market to look forward to. Earlier this week, ITA member Gameface Laboratories announced their relationship with 3D Solutions and LG Electronics Mobile USA to develop Vortex VR, an HMD add-on for the LG G3 Quad HD Smartphone. ImmersiON-VRelia is another active player in this space too.