Acer is a company which is struggling to find its feet within the competitive tech industry, but Acer is planning to enter the VR market with a virtual reality headset. The company has formed a joint venture with Starbreeze to design, manufacture and market the StarVR headset. There's only one issue for Acer and its new partner — they'll have to compete against Facebook, Sony and HTC.
While Acer has around $1.2 billion in cash, as well as the manufacturing capabilities to aid Starbreeze in bringing this VR dream to reality, it's still a company currently in a downward spiral. This venture will need to pay off but the company may have a slight edge on those who are already competing to establish themselves as the number one solution for VR, as noted in the report on Bloomberg.
It'll be interesting to see what kind of VR experience becomes the end product of this joint venture and if it's enough to turn things around for the struggling company.
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Rich Edmonds was formerly a Senior Editor of PC hardware at Windows Central, covering everything related to PC components and NAS. He's been involved in technology for more than a decade and knows a thing or two about the magic inside a PC chassis. You can follow him on Twitter at @RichEdmonds.