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Empire Asset Investments Follows Sony Computer Entertainment As They Set To Launch Playstation Virtual Reality Gear In October

05-09-2016 12:10 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Empire Asset Investments

In Recent news Sony plans to make virtual reality mainstream with the October release of Playstation VR headgear priced at $399.

“Virtual reality represents a new frontier for gaming, one that will forever change the way users interact with games, “Sony Computer Entertainment chief executive Andrew House said during a press conference in San Francisco on Tuesday.

Sony have chosen October for the launch of Playstation VR to allow time for making enough units to meet anticipated demand and to let developers get games ready for the headsets, according to House.

The headsets are designed to plug into playstation 4 (PS4) consoles.Sony touted PS4 as its fastest-selling console ever with more than 36 million of them bought since they hit the market in late 2013.But there is competition and Facebook owned virtual reality start Oculus is set to begin shipping its Rift headsets later this month.

Oculus has been taking orders for Rift at a price of $599 and has worked with computer makers to certify machines as powerful enough to handle the new technology.Pre orders have also been taken on bundles combining Rift with compatible gaming computers starting at about $1500Buying a PS4 and Playstation VR would add up to about half that price.

“We are proud of the price point we have been able to achieve,” House said of Playstation VR.

Playstation VR users will still need to purchase camera and controller accessories, pushing the price up slightly, but it is noticeably less costly than rival headsets that synch to gaming computers and, since millions of PS4’s have already been bought the price of adding virtual reality is comparably lower for owners of those consoles since no computer upgrade is needed. Stated Tech Analyst Jane Suki for Empire Asset Investments.

Over 230 developers and publishers are working on games for Playstation VR, with some 50 titles expected to be available by the end of this year, according to Sony.The list included French video game titan Ubisoft, which is creating an “Eagle Flight” game that lets players virtually take wing, and a collaboration between Electronic Arts, DICE, and Lucasfilm on a new “Star Wars Battlefront” title for Playstation VR.

Empire Asset Investments understands the absolute necessity of strong leadership and demands the highest levels of competence and professionalism in any management team in which it invests. We believe that strong senior managers are absolutely essential to the overall health of any business. Having a strong team of managers is one of the most important factors of a company to achieve its objectives.

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