Acer and Starbreeze join forces for the StarVR Virtual Reality headset

The VR headset designed for cinematic experiences has a new partner.

Computer hardware company Acer and software developer Starbreeze announced today that the two groups have approved a new joint venture created for design, promotion, manufacturing,marketing, and sales of the StarVR Virtual Reality Head-Mounted Display. The new company is provisionally called Acer Starbreeze Corporation and has authorized capital of up to $25 million, shared equally between the two companies. The virtual reality could reach $40 billion in spending by 2020, according to SuperData Research.