People Can Fly Buys VR Studio Incuvo

Among other things, the studio will be developing a new project fully funded by People Can Fly.

People Can Fly revealed they decided to acquire a controlling stake in the Katowice-based VR studio called Incuvo S.A. Incuvo previously worked on the VR editions of Bloober Team horror titles Layers of Fear and The Blair Witch. The studio is now creating a VR version of Creepy Jar's Green Hell.

It is said that the studio is also working on another project fully funded by People Can Fly, which is expected to release by the end of 2023.

"We welcome Incuvo into the PCF family," said People Can Fly CEO Sebastian Wojciechowski. "We are closing our first year as a public company on a high note and are expanding the Group's competencies in a new, prospective field. While cooperating with Incuvo, we became convinced that they're a partner worth investing in, also in the context of growing variety in PCF's portfolio."

Blair Witch VR

People Can Fly has also recently acquired a Montreal motion capture studio called Game On Creative, plus Chicago-based Phosphor Studios.

"This is an important day for Incuvo's growth," said Incuvo CEO Andrzej Wychowaniec. "We are joining a strong stock market player, who shares our passion for VR. We will bring that strength to the internal projects produced together, as well as promote and offer VR solutions to our partners on a global scale."

You can learn more about Incuvo S.A here. Also, don't forget to join our new Reddit pageour new Telegram channel, follow us on Instagram and Twitter, where we are sharing breakdowns, the latest news, awesome artworks, and more.

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