Shana Fisher, senior vice president of strategy and mergers and acquisitions at IAC, Barry Diller's Internet conglomerate, brokered a deal in September resulting in in the ownership of a majority stake in GarageGames.
GarageGames, has developed the technology to bring 3D multiplayer, Xbox-quality action games to the Web browser. Fisher is convinced it will be a game changer, creating an untapped market worth about $2 billion a year.
The company spent two years developing high-end 3D game technology for Web browsers in secret--"a very, very, very hard problem," she says--before IAC came along and provided the resources to launch a game portal.
Source: Fast Company
Supposedly many new 3D games are being created that will utilize the portal created by GarageGames. One of the exciting concepts of this platform is that it will not require expensive consoles and also allow for games to be updated on the fly.
The computer game industry is a $40 billion dollar industry that certainly offers a tremendous potential for any new technology that can improve the experience.
3Dwalkthroughs.com is excited to see the 3D technology that will be built into these new browser based games. We have often had our clients compare the look of our 3D Walkthroughs to some of the more impressive 3D video games on the market. I wonder if the browser based 3D technology utilized in video games can be applied to improve the interactive 3D experience we can offer our clients.
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