Cevat Yerli, CEO of Crytek, at GDC 2016.
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Crytek unveils its next-generation, VR-enabled game engine CryEngine V

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Crytek unveiled its next-generation video game development engine, CryEngine, today, and it supports virtual reality headsets.

The Frankfurt, Germany-based company made the announcement at an event at the Game Developers Conference in San Francisco today. VR is expected to become a $30 billion industry by 2020, according to tech adviser Digi-Capital. CEO Cevat Yerli said that the announcement was one of the Crytek’s biggest efforts of the last few years.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.