TikTok Owner Considering Buying VR Headset Maker Pico
TikTok Proprietor Contemplating Shopping for VR Headset Maker Pico 6

ByteDance, the proprietor of social video platform TikTok, could also be about to amass VR headset maker, Pico.

Bloomberg cites “an individual conversant in the matter” in saying the Chinese language large is in talks with Pico a couple of potential acquisition. These talks are reportedly ongoing, with a last choice but to be made. We’ve reached out to Pico to verify the report.

Pico Acquisition On The Means?

The report surfaces at an fascinating time for Pico. For years, the headset maker has produced a variety of standalone VR units for varied markets. Most lately it launched the Pico Neo three, a 6 levels of freedom (6DOF) headset with related specs to Fb’s Oculus Quest 2, together with the Snapdragon XR2 chipset.

However, whereas the Neo three has a powerful line-up of video games, the buyer model of the machine is barely launching in China. North America and Europe, in the meantime, get the enterprise-focused Neo three Professional and Neo three Professional Eye with eye-tracking. Earlier this 12 months the corporate advised us there are not any plans to launch a client model of the Neo three exterior of China right now.

What the report doesn’t disclose is what ByteDance may need with Pico ought to an acquisition go forward. Might we count on to see Pico double down on its client focus in Asia? Or may it signify an opportunity for the corporate to develop these operations into different areas to offer the Quest 2 some much-needed competitors? We’ll have to attend and see for now.

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