Skip to main content

IMAX Virtual Reality fund nabs a $10 million investment from Acer

acer invests 10 million in imax virtual reality fund starvr headset
Image used with permission by copyright holder
Computer hardware and electronics manufacturer Acer has invested $10 million into IMAX’s Virtual Reality Fund in a bid to “support the development of high-quality and immersive VR content” for location-based experiences.

The investment follows up on Acer’s recent partnership with Starbreeze Studios, which promotes the creation of cinema-grade virtual reality experiences for the company’s StarVR headset.

Recommended Videos

“Acer is excited to join forces with IMAX and other world-class investors to help foster top-shelf content for the thriving VR industry,” Acer CEO Jason Chen said in a statement. “With this strategic investment and our deep collaboration with partners including Starbreeze in the hardware and entertainment sector, we hope to enable engaging and immersive VR experiences in IMAX VR centers and beyond.”

While many companies are attempting to find a foothold in the virtual reality industry with headsets and software designed for consumer-grade VR hardware, Acer and other hardware manufacturers have set their sights on advanced VR hardware built specifically for location-based entertainment.

Rival hardware manufacturer HTC recently announced plans to license VR software for use in movie theaters, Internet cafes, and VR arcades worldwide. Once the technology is adopted for location-based entertainment, licensed users will need to download compatible VR applications and games via HTC’s Viveport app store, ensuring a steady revenue stream for HTC.

It’s likely that Acer has similar ambitions for its investment into IMAX’s Virtual Reality Fund. Currently, the manufacturer considers itself to be among the “leaders from the media and entertainment industry who are investing in this fund and seeking to bring VR experiences to the next level.”

Acer is already leveraging its Starbreeze partnership to ship StarVR head-mounted displays to IMAX developers. The company hopes to integrate StarVR technology with installations at the IMAX VR Center in Los Angeles, which is set to open by the end of 2016. Similar IMAX VR pilot centers will soon open for business in London, Shanghai, and New York.

Danny Cowan
Former Digital Trends Contributor
Danny’s passion for video games was ignited upon his first encounter with Nintendo’s Duck Hunt, and years later, he still…
This Lenovo ThinkPad is almost $1,800 off today!
A press photo of the ThinkPad X1 Carbon Gen 11.

One of the best laptops for a busy computer-heavy workplace is the Lenovo ThinkPad. For years, this tried and true laptop and 2-in-1 has delivered a fast and reliable Windows experience to many a 9 to 5 go-getter. Processor speed and power evolve year over year, and new features are added to these laptops all the time. This also means you’ll be able to find discounts on older machines, which is precisely what we came across while scouring through Lenovo ThinkPad deals:

Right now, as part of Lenovo’s doorbuster sale, you’ll save $1,800 on the purchase of a brand-new Lenovo ThinkPad X1 Carbon Gen 11 when you order through Lenovo.

Read more
Runway brings precise camera controls to AI videos
Gen-3 alpha advanced camera controls

Content creators will have more control over the look and feel of their AI-generated videos thanks to a new feature set coming to Runway's Gen-3 Alpha model.

Advanced Camera Control is rolling out on Gen-3 Alpha Turbo starting today, the company announced via a post on X (formerly Twitter).

Read more
Score the Dell XPS 15 for less than $1,000 during this sale
Dell XPS 15 9520 front view showing display and keyboard deck.

If you’ve been looking for laptop deals but feel disappointed with the results of your research, we know the pain. Searching for a new PC can take months, especially if you’ve got the time and energy to vet through numerous brands and models. Fortunately, there are a few tried and true PC names, one of which happens to be Dell. We see Dell laptop deals pretty regularly, but this one stopped us in our tracks:

Right now, when you order the Dell XPS 15 Laptop through the manufacturer, you’ll save $300. At full price, this model sells for $1,300.

Read more