Technology content trusted in North America and globally since 1999
8,556 Reviews & Articles | 66,530 News Posts

HTC rumored to spin its Vive headset into a new company

HTC could spin off the Vive business into its own VR division

By: Anthony Garreffa from Jan 18, 2016 @ 20:07 CST

With the HTC Vive receiving praise amongst the press and consumers who have tried it out, the Vive Pre that was unveiled at CES 2016 with the front-facing camera and revamped Lighthouse controllers is incredible. So it should come as no surprise to hear rumors that HTC would secure its Vive headset, spinning off its VR division.

This would allow HTC to operate its mobile and VR businesses separately so that the VR side of HTC isn't affected if HTC's mobile sales continue to dwindle. The latest on HTC is that the company would start off by owning the VR business outright, with rumors that the Taiwanese giant is seeing if its employees are happy to work for the new business. In the wake of this news, HTC shares gained 5.3% to $2.28, with 9.57 million shares being traded.


Related Tags