Hardware and Gear

Published on June 27th, 2016 | by gareth

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Acer And Starbreeze Announce StarVR Joint Venture

Acer and Starbreeze Boards Approve Definitive Agreement to form Joint Venture for StarVR

TAIPEI, TAIWAN and STOCKHOLM, SWEDEN (June 25, 2016) Acer Inc. (TWSE: 2353, LSE: ACID) and Starbreeze AB (First North: STAR) announced today that their respective Board of Directors have approved the establishment of a joint venture for design, manufacturing, promotion, marketing and sales of the StarVR Virtual Reality (VR) Head-Mounted Display (HMD) as previously announced May 15th, 2016 upon signing the letter of intent.

The new company is provisionally named Acer Starbreeze Corporation, with an authorized capital of up to NT$800 million (US$25 million) shared equally between the companies, and is expected to be incorporated in Taiwan in the third quarter of this year subject to necessary approvals from regulators. Acer and Starbreeze will each be holding 50-percent of the total shares and incrementally inject capital to the joint venture based on capital needs and planned schedule.

“The joint venture with Starbreeze highlights Acer’s commitment of bringing premium user experiences in time to the market,” said Jason Chen, Corporate President and CEO, Acer Inc. “Combining Starbreeze’s industry-leading VR technology, and Acer’s established experience in hardware and computing, we will bring VR experiences to new heights with StarVR.”

“Our strategic alignment with Acer is going to exponentially improve the StarVR HMD in terms of quality, execution and market reach. Together, we will keep pushing the frontier of VR technology,” said Bo Andersson Klint, CEO, Starbreeze AB. “With the Acer production partnership for the StarVR headset, our joint venture with IMAX for location-based entertainment, and the content platform collaboration with Smilegate, we now have a perfect ecosystem for our VR centers.”

With its best-in-class cinematic experience, StarVR targets professional- and location-based entertainment market such as high-end cinemas, gaming arcades, automotive retail and aviation training. We expect to ship a small volume of units in 2016, while mass production is scheduled for 2017.

StarVR provides a truly immersive VR experience with its unique ultra-wide 210-degree horizontal field of view, with custom optics that deliver great image quality across the eye’s natural vision. This allows users to move their eyes freely in any direction and continue to be immersed in the virtual world, without the sensation of wearing blinders that conventional VR displays bring. Powered by a dual Quad HD display architecture, one per eye, StarVR provides a realistic visual experience with a total panoramic definition of 5120×1440 pixels, with highly-detailed scenes and virtually no screen door effect.


About the Author

Syndicated movie & game critic, writer, author and frequent radio guest. His work has appeared in over 60 publications worldwide and he is the creator of the rising entertainment site and publication “Skewed and Reviewed”. He has three books of film, game reviews and interviews published and is a well-received and in demand speaker on the convention circuit. Gareth has appeared in movies and is a regular guest on a top-rated Seattle morning show. He has also appeared briefly in films such as “Prefountaine”, “Postal”. “Far Cry”. and others. Gareth is also an in-demand speaker at several conventions and has conducted popular panels for over two decades.



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