Monday, January 30, 2023

Microsoft shutters AltspaceVR amid company-wide layoffs

Join with high gaming leaders in Los Angeles at GamesBeat Summit 2023 this Could 22-23. Register here.

AltspaceVR goes darkish in March as a part of dad or mum firm Microsoft’s latest restructuring. Based on a recent post on its website, the VR-based social area will formally sundown on March 10 in favor of Microsoft Mesh. It’s providing customers an opportunity to say goodbye to the platform and obtain their content material earlier than it goes offline.

Microsoft acquired AltspaceVR in 2017, shortly after the startup firm ran out of cash. The staff mentioned that it plans to “shift our focus to help immersive experiences powered by Microsoft Mesh.” As an alternative of specializing in client experiences, Mesh is a brand new platform aimed toward bringing social VR to the office.

This week, Microsoft started a sequence of layoffs throughout its portfolio in an effort to chop prices. These layoffs embrace staff at Xbox, Bethesda Recreation Studios and 343 Industries. It’s not clear if the closure of AltspaceVR is a part of the overall reductions, however Satya Nadella mentioned in a recent blog post that the corporate will “proceed to put money into strategic areas for our future, that means we’re allocating each our capital and expertise to areas of secular development and long-term competitiveness for the corporate, whereas divesting in different areas.”

Microsoft has supplied directions on how customers can obtain their content material and host farewell occasions. It additionally acknowledged the customers who’ve logged a substantial period of time in Altspace saying, “it has been a privilege to assist unlock passions amongst customers, from instructional alternatives for private development to the event of distinctive and great occasions, groundbreaking artwork, and immersive experiences — enabling this neighborhood to realize extra.”

GamesBeat’s creed when protecting the sport business is “the place ardour meets enterprise.” What does this imply? We wish to inform you how the information issues to you — not simply as a decision-maker at a recreation studio, but additionally as a fan of video games. Whether or not you learn our articles, take heed to our podcasts, or watch our movies, GamesBeat will assist you to be taught in regards to the business and luxuriate in partaking with it. Discover our Briefings.

Related Articles


Please enter your comment!
Please enter your name here

Stay Connected

- Advertisement -spot_img

Latest Articles