• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Friday, September 12, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

AltspaceVR Will Stick Around Thanks to Microsoft Acquisition

margin707 by margin707
October 8, 2017
in News
Reading Time: 3 mins read
0
Share on TwitterShare on Facebook

Not too long ago, we reported on how AltspaceVR was shutting down. Although this VR social network had plenty of momentum, the interest and funding dried up all of a sudden. It now turns out the company is getting a second lease on life thanks to being acquired by Microsoft. A rather surprising turn of events, as all team members will join the technology giant moving forward.

AltspaceVR is not Dying After all

A lot of AltspaceVR users will be pleased to hear the social network may not be gone for good. Although the company was in talks with partners to remain offline, most of those efforts fell through. Microsoft is throwing the startup a lifeline, although the focus will shift a bit. Rather than just focus on virtual reality, the team will now begin building the world’s preeminent mixed reality community. It is evident the technology giant has high hopes for mixed reality, even though it remains to be seen if these expectations can be justified.

Considering how AltspaceVR had organized some major VR events, their shutdown would not go by unnoticed. Some of their “guests” include Drew Carey, Bill Nye, and Reggie Watts. During the 2016 presidential elections, the company partnered with NBC news to host live events in VR. All of this goes to show the platform itself has been well received by the community in general. Moreover, their cross-platform compatibility has made it one of the best video-oriented CDNs in the VR space to date.

A Microsoft spokesperson comments on the acquisition as follows:

“AltspaceVR will stay AltspaceVR. Microsoft is most interested in preserving the current community that uses AltspaceVR to connect and interact with new and old friends. These first few months will focus on fostering our community and making sure AltspaceVR remains a friendly, welcoming and vibrant place to hang out in virtual reality.”

It is good to see AltspaceVR will remain accessible to VR users for the foreseeable future. The Windows Mixed Reality platform being built will not make the VR version less fun to enjoy, and future updates will still be provided over time. That in itself is good news, although no announcements have been made in regards to what consumers can expect in the coming months. All things considered, a very smart acquisition by Microsoft, and one that will help shape the future of mixed reality.

If you liked this article make sure to follow us on twitter @thevrbase and subscribe to our newsletter to stay up to date with the latest VR trends and news.

Tags: AcquisitionAltspaceVRMicrosoftMixed Reality
Previous Post

What is Cue Conflict?

Next Post

What is Technsplanation?

Related Posts

Altcoin Season Index Soars to 76 While Bitcoin Dominance Wobbles
Market Analysis

Altcoin Season Index Soars to 76 While Bitcoin Dominance Wobbles

September 11, 2025
Ethereum $4.3K Balancing Act: Support or Sneaky Trap?
Market Analysis

Ethereum $4.3K Balancing Act: Support or Sneaky Trap?

September 10, 2025
U.S. Pushes Forward With Strategic Bitcoin Reserve Talks
Market Analysis

U.S. Pushes Forward With Strategic Bitcoin Reserve Talks

September 10, 2025
Bitcoin’s $111K Line in the Sand Faces Serious Pressure
News

Bitcoin $111K Line in the Sand Faces Serious Pressure

September 10, 2025
XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?
News

XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?

September 10, 2025
Featured

Ethereum ETFs See $1B Outflows in Six Days

September 9, 2025

Press Releases

XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?
News

XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?

by Alex Mercer
September 10, 2025

Ripple’s XRP is flirting with the $3 mark again, thanks to a tidal wave of speculation around a potential ETF...

Read more
Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

September 2, 2025
Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

September 1, 2025
Why Ethereum ATH Could Crush Bears Before Q3 Ends

Why Ethereum ATH Could Crush Bears Before Q3 Ends

August 12, 2025
Ethereum’s 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

Ethereum 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

July 20, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier