Last October, Starbreeze AB announced that Taiwanese PC maker Acer had invested $5 million in its StarVR company, increasing Acer's interest rate to 66.7%, while Starbreeze interest will reach 33.3% after initial start-up in 2016. Today, Starbreeze has confirmed that the company is negotiating with Acer about the potential initial public offering (IPO) of the joint venture, but has yet to make a decision. Mini PC Office
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An initial public offering (IPO) is the sale of a company's shares to an investor, converting a private company into a public company. There are many reasons for this, usually to raise new equity capital, or to monetize investment by private shareholders like the company's founders. In this case, the former may be the most likely cause, and Acer and Starbreeze hope to fund the development of the StarVR Head-mounted Display (HMD), which targets location-based VR. 
Starbreeze CEO Bo Andersson-Klint said in a statement: "I can confirm that we are negotiating with Acer on StarVR's IPO. We have reached an agreement with Acer that this is driving the business and we are starting from the very beginning. A great way to create the world's leading VR company. StarVR's mission is to provide VR-related hardware for enterprise solutions and location-based entertainment, such as the VR center we built in Dubai. With the completion of the StarVR headset development phase, we I believe we will have the best, most durable and most scalable solution on the market."
"210 degree field of view, high definition resolution across the field, eye tracking, support for multiple tracking solutions, lightweight case, backpack wireless options and your own second generation Fresnel lens, StarVR headset is a True technical success. With the proximity of the headset and its subsystems, StarVR is ready for its successful business. We are excited to show this capability in the VR center in Dubai in the near future." 
Both companies have demonstrated their expertise in VR hardware and software. Last year Acer released the Windows Mixed Reality headset, and Starbeeze Studio OVERKILL launched the Payday 2 VR in November 2017. With the release of further details about possible IPOs, we will present you with the latest news!