We are pleased over Mats Juhl becoming the new CFO for Starbreeze. He will complement the Management Group very well going forward. I want to thank Claes Wenthzel for an excellent work during his consultancy in the reconstruction period, in which he has been instrumental in navigating the company through a turbulent time
“Bold plans need the right partners and Content is King. We have worked with Dhruva Interactive for several years and know them well. I am confident that bringing Dhruva into the Starbreeze family will strengthen Starbreeze as a global entertainment company, Dhruva will continue to operate independently under its own brand and run business as usual with existing partners, while greatly contributing to Starbreeze pipeline and adding pronounced value to our publishing services and VR ecosystem.”
“PresenZ technology for multiple virtual reality applications will allow for room scale scanning and virtualization, and high quality computer graphics rendering at almost movie level polygon counts. The technology’s parallax capabilities will greatly complement the high fidelity of the StarVR HMD with its 210-degree field of view,” said Starbreeze CEO Bo Andersson Klint. “The future of VR is undefined but it is easy to imagine with this technology, where a space can be scanned and rendered in high quality CGI, the applications where you could render a space like the Louvre in Paris or Saint Mark’s Basilica in Venice, and provide interactive guided tours. Additionally, one could potentially use computer graphic assets from a blockbuster Hollywood movie to create a cinematic VR experience.”
I decided to take this opportunity to divest part of my shareholding in order to invest in my business venture Indian Nation in which I aim to leverage my insight into how digitalization can transform traditional entertainment. My remaining shareholding in Starbreeze represent a very large portion of my net worth, which shows my confidence in the company. I look forward to continuing my involvement in Starbreeze for many years to come.
We’re extremely happy to welcome Första AP-fonden as a significant shareholder in Starbreeze and we believe that it will significantly validate the long term value and proposition of the company in years to come, benefitting all shareholders. The strategic value of further institutional shareholding positions Starbreeze for future growth on the market