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HTC invests $100 million into its 'Vive X' accelerator platform

HTC invests into the future of VR with its 'accelerator program' - throwing $100 million into the mix
By: Anthony Garreffa | Virtual & Augmented Reality News | Posted: Apr 27, 2016 8:15 am

HTC is well into the VR world with its Vive headset, with the company holding a conference to talk about the planned ecosystem for its Vive headset.




The company revealed a slew of new VR experiences that are on their way to the Vive, with HTC announcing a new Accelerator Program known as Vive X. HTC will invest $100 million into Vive X, so that it will "cultivate the VR industry and the development of the ecological business".


HTC CEO Cher Wang said that the Accelerator Program will launch in three cities: Beijing, Taipei and San Francisco. The company didn't provide anything specific in the way of locations, timelines or development studios. The company did say the program will be base-level administration, something that will include accounting, finance, HR and legal advice, and more for VR developers.


The program will provide access to experienced VR developers and VCs that are looking to invest into startups, but nothing concrete has been announced.


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