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60°

$1 billion invested in virtual worlds in past 12 months - study

"We don't see any slowing in the market," says VWM.

A new study by Virtual Worlds Management claims that over USD 1 billion (EUR 709.1m) has been invested in virtual worlds companies over the past twelve months.

Although the study's definition of a virtual world company is tenuous in places – it includes Intel's recent acquisition of Havok - it does highlight how seriously media and investment companies are taking virtual communities.

"Investors are not just venture capital firms, but also include major technology, media and entertainment companies," commented Christopher Sherman, executive director of Virtual Worlds Management.

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gamesindustry.biz
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