HTC Launches Program Encouraging Virtual Reality Startups

By  HTC Corporation, Special for  USDR

HTC Corporation (“HTC”), a pioneer in innovative, smart technologies, today announced it is launching Vive X, a global accelerator program targeted at start-ups operating in the virtual reality (VR)  space.

With a $100m investment fund led by HTC, the program is designed to help cultivate, foster and grow the global VR ecosystem by supporting start-ups and providing them with expertise, special access to advanced VR technology, financial investment, mentorship and unmatched go-to-market support – ultimately building them into valuable content producers or content enablers for the Vive  platform.

In Beijing, Vive X will pilot in May 2016, when selected start-ups from around Asia will be invited to apply for the program, with the goal of enabling those companies to grow with the Vive platform. As in the other locations, Vive X in Beijing is targeted at accelerating entrance and growth for companies with proven success in the VR industry, with each participating start-up receiving cash investment in return for a small amount of equity. The program is open to companies from any industry that are creating content, tools, applications and accessories that enrich the VR ecosystem and end-user  experience.

“We are very excited about gathering the brightest and the most creative minds to join Vive X. Virtual reality is changing the world, yet to do that effectively it needs a healthy eco-system to expand into the mass market. Through HTC Vive, we look forward to enabling global talent to create interesting and compelling content and to help shape the future of this industry,” saidCher Wang, Chairwoman and CEO of  HTC.

Visit www.htcvive.com/us/vivex/ to learn more about Vive X and www.HTCVive.com to learn more about the HTC  Vive.

About  HTC
HTC Corporation aims to bring brilliance to life. As a global innovator in smart mobile devices and technology, HTC has produced award-winning products and industry firsts since its inception in 1997, including the critically acclaimed HTC One and HTC Desire lines of smartphones. The pursuit of brilliance is at the heart of everything we do, inspiring best-in-class design and game-changing mobile and virtual reality experiences for consumers around the world. HTC is listed on the Taiwan Stock Exchange (TWSE: 2498).  www.htc.com.

HTC, the HTC logo are the trademarks of HTC Corporation. All other names of companies and products mentioned herein may be the trademarks of their respective  owners.

SOURCE HTC  Corporation

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