HTC has decided to take its most valuable asset, the Vive VR headset and the budding ecosystem developing around it, and turn it into a separate business. Reports earlier this week indicated that HTC was spinning off the Vive, but the company has now clarified for The Verge that it is only establishing a wholly-owned subsidiary, which it is calling HTC Vive Tech Corporation. HTC’s statement in full:
HTC can confirm that it has established a wholly-owned subsidiary, HTC Vive Tech Corporation, as a vehicle for developing strategic alliances to help build the global VR ecosystem.
Reading between the lines, what this says is that HTC’s overall reputation isn’t as good as that of the Vive headset, and the company wants to detach the ailing...
via The Verge
