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AMD buys Nitero wireless VR startup

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Photo via Raysonho @ Open Grid Scheduler / Grid Engine on Wikimedia Commons under the Creative Commons License

Tech Crunch reports: “AMD has acquired Nitero, a company that builds wireless chips for streaming virtual reality content from desktop computers to headsets, Forbes reports. Terms of the deal were not disclosed. Quite a few things held VR headset adoption back in 2016, but one of the most visible issues (aside from price) were the bulky cords required by most high-end headsets. HTC’s Vive, Facebook’s Oculus Rift and Sony’s PlayStation VR all require data and power transfer cables.”

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