Boston, MA 03/21/2014 (wallstreetpr) – According to recent news Microsoft Corporation (NASDAQ:MSFT) is working on a reality 3D virtual gaming device. Sources on the condition of anonymity confirmed that the company is working on the hardware device and has already filed for a patent. This news has come up right after the rumor that SONY is developing a virtual reality headset. The company is trying to create an experience unique for its gaming console XBOX One customers. A report from The Wall Street Journal earlier this week noted “The software company has been developing the technology concurrently with a project known as ‘Fortaleza,’ or ‘fortress’ in Portuguese.”
Augmented reality devices had gained some quick caption recently. With these hardware devices enhancing the gaming experience for users Microsoft Corporation (NASDAQ:MSFT) might be looking to give XBOX a major boost is the gaming console markets. The 3D gaming segment has seen many major players foraying into the industry in recent past. Japan’s Sony (TYO:6758) already has a competing product for Microsoft. Sony has already launched a wearable #D viewer device which is priced around $1000, and allows users to enjoy the games without a TV. According to various reports Microsoft might make major investments in the 3D virtual technology.
Microsoft Corporation (NASDAQ:MSFT) has also touched recent highs at the stock market, street has welcomed the new CEO for the company Mr. Satya Nadella. The company recently confirmed the acquisition of Finnish mobile company, Nokia. The company is also reported to be investing large amount of money in cloud computing. While Microsoft is investing in gaming industry few analysts at the street feel that going forward Microsoft Corporation (NASDAQ:MSFT) must spin off gaming business and recently acquired Nokia. Analysts feel that the company will be more profitable and have higher investor returns being a pure play software company.
