Former CEO of Yvolver founded ForwardXP Studio to get involved in VR content production

August 28, 2021

This year, the competition in the VR industry has intensified, and many VR startups have been acquired by technology giants such as Facebook and Microsoft. Even though the trend of oligarchy in the industry is becoming more and more obvious, the new entrepreneurs who have invested in the VR industry have never been less.

Recently in Dallas, USA, a new virtual reality development studio called ForwardXP was established. The studio's founder, Steve Nix, was an executive at id Software and CEO of Yvolver. Unlike the less experienced entrepreneurs, Nix's last job was as General Manager of the VR and Interactions division at ReelFX. Prior to this, he was the CEO of Yvolver. Yvolver is a mobile player participation platform that was acquired by Opera Mediaworks in August 2015.

He wrote on Facebook, "We are making interactive content for virtual reality, augmented reality and mixed reality. Our focus is on experience, which is what the 'XP' in the studio name means."

Nix also said, "VR helmets are finally entering mass production, and AR/MR will be the next major wave and will exceed the scale of VR. The mission of ForwardXP is to create content that can reach hundreds of millions of users on these emerging devices. Not just millions of people who have experienced VR/AR."

In addition to long-term prototype projects, ForwardXP will work with partners to develop content. It will work with emerging independent developers to leverage their development, distribution and market experience to bring content to market.

Former CEO of Yvolver founded ForwardXP Studio, involved in VR content production

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