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After facing financial problems that almost brought down the network to a close, AltSpaceVR, the leading virtual reality community, has been purchased by none other than Microsoft.

In the last few months, Microsoft got connected with Alex Kipman at the social VR network because “Microsoft is most interested in preserving the current community that uses AltspaceVR to connect and interact with new and old friends,” says a post on AltSpaceVR’s website. “These first few months will focus on fostering our community and making sure AltspaceVR remains a friendly, welcoming and vibrant place to hang out in virtual reality.”

For AltSpaceVR, its future looks bright now that its partnership with the big M “will be an adrenaline shot for AltspaceVR and they hope to bring new events, features and activities for their community to enjoy soon.”

Even though AltSpaceVR will continue to be offered in various devices, Microsoft has yet to see how it will implement AltSpaceVR into the company’s MR ecosystem as there are no plans currently to bring an AltSpaceVR app to HoloLens.

[Source]: AltSpaceVR: AltspaceVR joins Microsoft.

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