CCP Games, the team behind virtual reality shooter Eve: Valkyrie, has announced its VR studios will close. Eve: Valkyrie was released in March 2016 for Oculus Rift, HTC Vive and PlayStation VR, to mixed reviews.
CCP Games, headquartered in Reykjavík, Iceland, has five offices around the world. Its Newcastle, UK, office—the very studio where Eve: Valkyrie was created—will be closed and sold, as well as the company’s Atlanta, US, VR studio.
Hilmar Veigar Pétursson, CEO of CCP Games released this statement.
“Today we have made tough, but important, changes to CCP in response to how we see the gaming market evolving in the coming years. We have been front and center in the second wave of VR and our belief in the long-term transformative power of the technology remains strong.
Despite the success of the VR games we have released we will be shifting our focus to our PC and mobile initiatives, and will be centralizing those initiatives, along with the support of our existing VR games, to our offices in Reykjavík and London. We will continue to support our VR games but will not be making material VR investments until we see market conditions that justify further investments beyond what we have already made.
I am very proud of our VR games and, more importantly, of the people here who made them. These changes in strategy come with some tough decisions relating to our overall structure as a company. CCP is in a strong position to make these changes, and we are taking great care to support our departing employees to the very best of our ability. We will be offering relocations to some to our London office where we will be building up our efforts in addition to our development activities in Reykjavík”.