meta quest 2 header img GAME OVER: October 2022

GAME OVER: October 2022

Richie Shoemaker 29th December 2022 Business News, Consoles, Development News, Mobile, PC, Publishing, Retail, VR & AR

Earlier this year we celebrated the 40th anniversary of the Sinclair ZX Spectrum, the machine that kickstarted the UK games industry.

Sinclair followed up the release of the Spectrum with the more serious Sinclair QL. It was an expensive misstep for a company keen to be taken more seriously, leading to it being acquired by UK competitor, Alan Sugar’s Amstrad.

October was the second anniversary of the release of the Quest 2, Meta’s VR headset that has kickstarted the VR games industry. It is estimated to have sold just as many units as the latest Xbox console in the same period.

It’s also the month that Meta launched the more serious and expensive Quest Pro, knowing that Reality Labs had burned through $9.4 billion in 2022 and that layoffs were days away from being announced. Xbox Quest 3, anyone?

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About Richie Shoemaker

Prior to taking the editorial helm of MCV/DEVELOP Richie spent 20 years shovelling word-coal into the engines of numerous gaming magazines and websites, many of which are now lost beneath the churning waves of progress. If not already obvious, he is partial to the odd nautical metaphor.

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The Danish publicly traded computer game company Trophy Games is acquiring the French game developer Playrion from Paradox Interactive. This is the largest acquisition in Trophy Games' history and will form the foundation for a new series of simulation games. At the same time, the company is raising its revenue expectations for the year to €22.8-€24.1 million . With the acquisition of French Playrion, Trophy Games gains 30 new employees and a new foundation for future growth.

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