Microsoft is ending development of AltspaceVR, a social virtual reality platform acquired in 2017 that allowed users to play games, watch videos, and spend time with friends or colleagues in a virtual space in the form of 3D avatars. When reported on the Twitter account of the AltspaceVR development team, the project will be closed on March 10th.
Recall that this week Microsoft announced the layoff of 10,000 employees. According to Windows Central, the company plans to ditch the entire AltspaceVR team as part of a reorganization. As Bloomberg previously reported, the company will also be shedding the team responsible for developing the HoloLens augmented reality headset.
The company justifies the decision to close AltspaceVR with the intention to devote more resources to the development of the mixed reality platform Microsoft Mesh, which will be announced in 2021. Some time after the announcement, the Mesh for Teams metaverse introduced a collaboration solution that integrates with the Microsoft Teams service.
The company said the launch of the Microsoft Mesh platform will create new jobs around the world in the near future. “In the short term, we will focus our VR efforts on the workplace experience, learning with and from early customers and partners, and working hard to establish a foundation of security, trust and compliance.” said the company.