Facebook announced today that it has acquired Ready at Dawn, marking the company's third VR studio buyout. The 17 year old game studio is most recently known for its acclaimed VR titles, Lone Echo and Echo VR, both published...

With the one year anniversary of Oculus Quest this week, Facebook is sharing a handful of interesting stats, including the fact that "more than 10" Quest games and apps have earned $2 million in revenue in their first year...

This week marks the first year anniversary of Oculus Quest, Facebook's latest and greatest standalone VR headset. Today the company revealed that $100 million worth of Quest games and apps have been sold to date. Facebook hasn't yet revealed the...

The launch of Half-Life: Alyx saw nearly 1 million additional monthly-connected headsets over the prior month, a leap that nearly tripled the previous largest monthly gain. Each month Valve collects info from Steam users to determine some baseline statistics about what kind of...

In Facebook's Q1 2020 earnings call today, the company overviewed its latest financial situation and noted that Oculus products were a major contributor to $297 million in non-advertising revenue. While Facebook makes the vast majority of its revenue from advertising,...

With the highly anticipated launch of Half-Life: Alyx just days away, it feels like an appropriate time to look at Valve's unique commitment to ensuring that SteamVR remains a hardware-agnostic platform for VR content, and how the company has...

As VR's best-selling title, Beat Saber is showing no signs of slowing down. Today Facebook, which now owns the studio behind the game, announced that Beat Saber has sold more than 2 million copies and 10 million songs via DLC. Beat...

E3 2020, the major games industry conference, has been cancelled over Coronavirus concerns. The cancellation is the latest in a string of disruptions to conferences that are important touchstones for the VR industry. The organization that produces E3, the...

The recent coronavirus outbreak (COVID-19) has stymied many of the industry's most important conferences and expos this year. To avoid this, HTC today announced it will be holding its next Vive Ecosystem Conference (VEC) from within virtual reality. Update (March...

While Microsoft has been full steam ahead on the augmented reality side of Windows Mixed Reality via HoloLens, the company has had very little to say in the last year about the VR side of its platform. While it...

Just a few months after the acquisition of Beat Saber studio Beat Games, Facebook today announced the acquisition of Sanzaru Games, the studio behind the Oculus-exclusive Asgard's Wrath and a handful of other VR titles. Sanzaru will join Facebook's...

While VR is still young, it crossed an important milestone at the start of 2020: more than 100 VR games have exceeded $1 million in revenue. In an analysis published earlier this month, VR Fund investor Tipatat Chennavasin made the case...

With no information some 10 months after the announcement of its latest VR headset, the ConceptD OJO, we started to wonder what had come of the device. After reaching out to the company, Acer has confirmed to Road to VR that...

VR adoption is accelerating thanks to the Oculus Quest. We’ve seen over 100 VR titles break $1 million in revenue, growing the total VR software market by 3x in 2019. Top grossing VR titles have cleared $10 million in...

It appears that the 2019 holiday shopping season may have been the best ever for PC VR headsets. The latest data released this week from Valve shows VR on Steam making its single biggest leap yet, on a path...