Valve Challenges Oculus

Valve, the company behind the Steam gaming platform, is developing its own virtual reality product. The company has said that it will show the ‘SteamVR Hardware’ at the Games Developer Conference, which runs between 2nd and 6th March.

Analyst Comment

If Valve really does intend to launch its own virtual reality headset, then we foresee it being a real challenger to the Oculus Rift. Valve is a widely-known and -respected company with a loyal fan base, and Steam gives its access to a massive library of gaming titles. (TA)