Last Nokia OZO+ VR cameras to be sold by December 15

Nokia’s OZO+ VR cameras will no longer be sold after December 15. The company said that the limited remaining stock of the OZO+ Professional VR Camera and its related software will only be available for purchase until next week. Nokia is offering discounts on the official price of €23,500 inclusive of an OZO Creator and OZO […]

Nokia halts OZO VR camera development, announces layoffs

Nokia will halt further development of its OZO VR camera, citing “slower-than-expected development of the VR market”. The company said that it plans to reduce VR investments, in a strategic rethink that will result in the layoff of up to 310 of Nokia Technologies’ roughly 1,090 employees – mainly in Finland, the US and UK. […]

Nokia tips strong VR growth after lacklustre 2016

Nokia has predicted a strong year for virtual reality (VR) in 2017, despite lacklustre headset shipments last year. Speaking at a press and analyst briefing in London last week, Tarif Sayed, head of VR Technologies at Nokia OZO, said 2016 was “a bit disappointing” despite the hype that the VR space has attracted. “There was […]

Nokia and Technicolor agree VR content deal

Nokia and Technicolor will work to create new VR content using Nokia’s OZO+ camera and OZO content creation tools, as part of a new partnership deal. The companies’ first project will be a series of 360 Masterclass sessions that will be held at the Technicolor Experience in Los Angeles, designed to teach professionals how to […]

Amazon-owned Elemental powers 360˚ Chili Peppers stream

Amazon-owned video processing specialist, Elemental, provided the encoding solution for Deutsche Telekom’s live-streamed 360˚ video of the Red Hot Chili Peppers in concert last week. The gig, which Deutsche Telekom staged in Berlin to coincide with German trade show IFA, was captured by four Nokia OZO 360˚ virtual reality cameras and was reportedly the first […]

Nokia launches €55,000 OZO virtual reality camera

Nokia launched its OZO virtual reality camera in Europe at an event in London last night and announced that the device would retail for €55,000. The camera, which is already available in the US priced at US$60,000, is designed to capture “immersive virtual reality experiences” and Nokia announced supporting VR post-production service deals with specialist […]