- Icelandic gaming company CCP Games is shutting down two studios in the US and the UK.
- It said it plans to put its VR development plans on "ice" and focus more on mobile and PC games.
A VR studio in Atlanta is being shut down, while another in Newcastle, UK, is being sold off. The latter spearheaded the development of "EVE Valkyrie."
Studios will remain in London, Reykjavík, and Shanghai and CCP is providing relocation opportunities or severance packages to some of the staff that are affected.
It was one of the first gaming companies to embrace VR with the launch of "EVE Valkyrie" in March 2016 and it writes on its website that it thinks the technology "will play an increasingly important role in gaming, and beyond, in the years to come."
"EVE Valkyrie" is played by a loyal fan base around the world and it is hailed as one of the best VR gaming experiences.
It was the game Oculus used as a demo for the Crystal Cove version of its development kit in 2014, before Oculus was acquired by Facebook.
See the full story here; http://www.businessinsider.com/eve-valkyrie-creator-ccp-has-put-its-virtual-reality-plans-on-ice-2017-10?r=UK&IR=T