Acer steps up financing of StarVR joint venture

Starbreeze AB and Acer have announced that a new capitalization plan has been agreed for the StarVR - the joint venture for marketing and sales of the StarVR Virtual Reality (VR) headset. Under the new agreement, Acer will inject US$5 million into the joint venture and increase its interest to 66.7%. Starbreeze will be relieved from its remaining capital commitment of US$7.5 million and its interest will be 33.3%.

from DIGITIMES: IT news from Asia http://ift.tt/2y1Tr9X
via Yuichun