Microsoft acquires VR social network AltspaceVR

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AltspaceVR, the virtual reality social network that hosts events like stand-up comedy or presidential debate-watching parties, is now part of Microsoft. After a sudden shutdown due to a drop in funding in July, the free VR community was in “deep discussions” with unknown parties to keep it online. It originally looked like Oculus co-founder Palmer Luckey might step in and save the community, but Microsoft has now come to the rescue.

The team at AltspaceVR are now joining Microsoft. “With the AltspaceVR team aboard we look forward to building the world’s preeminent mixed reality community,” says Alex Kipman, Microsoft’s inventor of HoloLens. “AltspaceVR will stay AltspaceVR. Microsoft is most interested in preserving the current community...

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