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Starbreeze In Talks With Acer Over StarVR IPO

Starbreeze In Talks With Acer Over StarVR IPO

Starbreeze AB is in talks with Acer about a potential IPO for the joint venture StarVR Corporation, but no decision has been taken.

“I can confirm that we are in talks with Acer on the possibility of an IPO for StarVR.” said Bo Andersson-Klint, Starbreeze CEO. “We’re in agreement with Acer that this is an excellent way to propel the business into becoming the leading global VR company we set out to create from the beginning.”

 

Starmaker

Following a new arrangement in October 2017, Starbreeze AB owns 33.3% and Acer 66.6% of joint venture StarVR Corporation, which is a sales and marketing company that manages the sales organisation, support and aftermarket support for the StarVR headset.

Starbreeze owns and controls the IP rights related to StarVR, while Acer manufactures the product. Development and reference design work for the headset are carried out jointly by Starbreeze and Acer. The VR content work takes place within Starbreeze.

 


Editor

Steve is an award-winning editor and copywriter with 20 years’ experience specialising in consumer technology and video games. He was part of a BAFTA nominated developer studio as project manager for the UK’s first fully interactive digital TV channel. In addition to editing TheVirtualReport.biz, Steve contributes to PocketGamer.biz, PCGamesInsider.biz and BlockchainGamer.biz, as well as creating marketing content for a range of SMEs and agencies.

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