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New of Possible ¥5b VR Acquirsition

kevinw729
Level 15

kevinw729_0-1630190521518.png

 



https://pandaily.com/bytedance-reportedly-buys-pico-for-5-billion-yuan/

https://vrawards.aixr.org/ "The Out-of-Home Immersive Entertainment Frontier: Expanding Interactive Boundaries in Leisure Facilities" https://www.amazon.co.uk/Out-Home-Immersive-Entertainment-Frontier/dp/1472426959
59 REPLIES 59

RuneSR2
Level 15

Interesting, but I think 5 billion Chinese Yuan are about $ 775 mill? Still a large sum!

Valve Index & Oculus Rift CV1, Asus Strix OC RTX™ 3090, i9-10900K (5.3Ghz), 32GB 3200MHz, 8TB
"Ask not what VR can do for you, but what you can do for VR"

Pixie40
Level 10

Anyone else find it amusing that other then color scheme, the Pico Neo 3 looks exactly like a Quest?

 

I mean, yeah I get it. The Wild West days of VR hardware development are likely coming to a close now due to everyone converging on the same sets of form factor. I just find it amusing that Pico is so shamelessly copying Oculus's design.

Lo, a quest! I seek the threads of my future in the seeds of the past.

Yeah it is funny - but saying that its funny how the Quest looks so much like the GearVR phone-less prototype design back in 2017. I think its a matter of if you install the Qualcomm platform into a ergonomic headset you coming up with only a number of anthropometric designs that work - especially when you agree on the number of external cameras. 

https://vrawards.aixr.org/ "The Out-of-Home Immersive Entertainment Frontier: Expanding Interactive Boundaries in Leisure Facilities" https://www.amazon.co.uk/Out-Home-Immersive-Entertainment-Frontier/dp/1472426959

Pixie40
Level 10

Considering Oculus had been partnered with Samsung on the Gear VR platform, the similar form factor there makes sense.

Lo, a quest! I seek the threads of my future in the seeds of the past.


@Pixie40 wrote:

Anyone else find it amusing that other then color scheme, the Pico Neo 3 looks exactly like a Quest?


Yup, right down to the controllers! Creating "imitation products" rarely tends to bode well.

 

 

but saying that its funny how the Quest looks so much like the GearVR phone-less prototype

 

The similarities between Pico Neo 3 and Quest 2 are much greater than the similarities between GearVR (all models) and Quest 1/2. Regardless, GearVR was created in partnership with Oculus. It's not really "funny" when an organization remains consistent with their own product designs.

 

Any company can copy their own product designs to their hearts content. But when an entirely different company - and competitor - copies your design... then yeah, THAT is funny.

 

But maybe the goal was to get bought out anyway. It is extremely common for organizations to start up for the sole purpose of being bought out. Considering that Pico's HMD's never became even a blip on the radar (0% on SteamVR, for example), and the fact that they appear as "Quest imitations," it would make sense that their goal was to simply establish a market presence for the sake of getting bought out. 

RuneSR2
Level 15

RoadToVR also covers the acquisition:

 

https://www.roadtovr.com/bytedance-tiktok-acquire-pico-report/

 

Again, I don't care much for new hmds - especially not if they are white, lol (might have to eat those words when PSVR 2 arrives , maybe...) - but I care for new great content. If Pico releases the equivalent of a new Alyx, I'm in - but if they don't... 😉

 

Using the XR2 like the Quest, Pico Neo 3 does have interesting specs:

 

https://www.pico-interactive.com/us/neo3.html

 

- if you're into this sort of ... stuff... 

Valve Index & Oculus Rift CV1, Asus Strix OC RTX™ 3090, i9-10900K (5.3Ghz), 32GB 3200MHz, 8TB
"Ask not what VR can do for you, but what you can do for VR"

cmat100
Level 6

It wouldn't suprise me if it was made by the same factory that makes the Quest hehehehe.......  Cisco had that problem!  The CCP copied an F-35 without shame (J-31), the factories just don't give a s**t!

 

I've previously looked at these, with a bit of curiosity, in my quest for unfacebooked VR.  Oculus have done a such a good job with the software though (e.g. setting up the guardian etc compared to WMR).

kojack
Volunteer Moderator
Volunteer Moderator

I wouldn't mind getting a Pico Neo 3, due to the superior licensing/account stuff (no facebook, no mobile phone needed to setup, no account needed to run it). But they never went after the western consumer market. I could get one through my work, but if I have to tell my students "Did you like it? Sorry, you can't buy one" then it's not worth it.

I'm still interested in the magnetic tracking based Pico Neo 2, just to experiment with. Yeah, I still don't like headset camera based controller tracking.

 

"If Pico releases the equivalent of a new Alyx, I'm in - but if they don't..."

Or just play Alyx. The Pico Neo 2 and 3 had wireless SteamVR streaming before Oculus Airlink. Plus the Neo 3 has display port support (something the Quest 2 SHOULD have had).

 

Author: Oculus Monitor,  Auto Oculus Touch,  Forum Dark Mode, Phantom Touch Remover,  X-Plane Fixer
Hardware: Threadripper 1950x, MSI Gaming Trio 2080TI, Asrock X399 Taich
Headsets: Wrap 1200VR, DK1, DK2, CV1, Rift-S, GearVR, Go, Quest, Quest 2, Reverb G2

Pixie40
Level 10

Personally, I'm quite happy with my Quest 2. And if I absolutely must use a different HMD, I have a Vive Cosmos configured for Outside In tracking. Just need to get Valve's new controllers cause the Vive Wand is a terrible VR controller. I mean, yeah it works. And at the time I'd imagine it had the best form factor. But it still sucks.

Lo, a quest! I seek the threads of my future in the seeds of the past.