Archiact is facing financial difficulties following the January
release across many departments. We’ve been aware of this for some time. While it’s since delivered a PC VR release for
back in June, the Canadian studio will permanently close its doors on August 26th.previous layoffsHere’s the full Journey to Foundation:
Archiact’s journey is coming to a close. We informed our staff on August 12 that we will be closing the studio in just two weeks. Archiact was founded in 2013 and has since been working on immersive reality games. It published 35 titles, worked with some of the biggest companies and explored the potential of VR and mixed reality. The studio believed in immersive reality and games. And they believed in one another and all of the players they touched.statementThank you to everyone who made this journey possible.
Archiact’s closure isn’t the only notable VR studio we’ve seen shutting down recently. Meta, which closed its
in January last year along with
Downpour Interactive studio and
Lone Echo back in 2020, also shut
this week. The move followed recent reports that its Reality Labs AR/VR division has been ordered to previous layoffs.OnwardIt’s also another reminder that the wider video games industry continues to navigate a Ready At Dawn. It was previously reported that VR developers and publishing houses were affected by acquiring and cut spending by 20% as well as
and particularly turbulent time and also Resolution Games and Lode. By June 2024 it will be TinyBuild, and nearly 11,000 VR developers are affected by layoffs. Codemasters