Sunday, June 13, 2021
Home Tech Facebook buys game studio BigBox VR – TechCrunch

Facebook buys game studio BigBox VR – TechCrunch

Facebook has purchased a number of digital actuality game studios over the previous couple years, they usually added yet another to their portfolio Friday with the acquisition of Seattle-based BigBox VR.

The studio’s main title, Population: One, was one of many large post-launch releases for Facebook’s Oculus Quest 2 headset and is a fairly direct Fortnite clone, copying numerous key gameplay methods whereas adapting them for the actions distinctive to digital actuality and bringing in their very own lore and artwork type.

As has been the case for many of those studio acquisitions, phrases weren’t disclosed. BigBox raised $6.5 million in line with Crunchbase, with funding from Shasta Ventures, Outpost Capital, Pioneer Square Labs and GSR Ventures.

“POP: ONE stormed onto the VR scene just nine months ago and has consistently ranked as one the top-performing titles on the Oculus platform, bringing together up to 24 people at a time to connect, play, and compete in a virtual world,” Facebook’s Mike Verdu wrote in a weblog put up.

It’s commonplace for a gaming {hardware} platform proprietor to construct up their very own internet of studios constructing platform exclusives, however within the VR world issues are a little bit totally different on condition that Facebook has few actual rivals.

While lots of the builders inside Oculus Studios proceed to construct titles for Valve’s Steam retailer that are accessible with third-party headsets, most non-Facebook VR platforms appear to be a shrinking piece of the general VR pie, having been priced out of the market by Facebook’s aggressive pursuit of a mass market viewers. Facebooks Oculus Quest 2 retails for $299 and the corporate has mentioned that it outsold all of its earlier gadgets mixed in its first few months.

In April, Facebook acquired Downpour Interactive, maker of the VR shooter Onward.

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