While the company is not pulling out of VR development entirely, a statement from CEO Hilmar Veigar Pétursson makes it clear it’s pressing pause and conspicuously stepping back from its former positioning at “front and center in the second wave of VR” - as the commercial reality of very low consumer uptake and interest bites.Īnd this despite Pétursson sounding very bullish on the VR games market as recently as seven months ago when the total addressable market was estimated at less than two million units. Another of its VR projects, Gunjack, targeted mobile VR.ĬCP’s soon-to-be-shuttered Atlanta studio had also been working on a Playstation VR title called Sparc - which it described as “a unique physical sport only possible in virtual reality, in which players compete in fast-paced, full-body VR gameplay”. Its early experiments resulted in EVE Valkyrie: One of the first game prototypes for the Oculus Rift. The veteran games developer was seeking a second act for its 12-year old MMORPG, Eve Online. Two years ago, as the most recent hype wave was once again raising hopes around the tech, CCP announced a $30 million raise from Novator and NEA - specifically for developing VR games.
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CCP will announce additional game releases directly or through partnerships over the next 18 months across PC and mobile. Both projects are on track and unaffected by these changes. In early October CCP confirmed continued development of its PC FPS game, ‘Project Nova’ and announced a new mobile game, ‘Project Aurora,’ both set in the EVE Universe. There are no changes to ongoing plans for EVE Online and the company´s product pipeline is strong. CCP has provided severance packages and job placement assistance for all those affected. The company´s Shanghai studio will be reduced and refocused to support growing business in China through local partnerships.
In the coming weeks, CCP will undertake the following proposed measures: The closure of its Atlanta studio with VR development moved to London, the sale of its Newcastle studio, and the elimination of a number of positions worldwide.
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