Reliance Jio is negotiating a license agreement with Meta Platforms to use its virtual reality software, Horizon, to improve its next VR device. This potential collaboration might have a big influence on the Indian AR/VR market by combining Meta's superior VR technology with Jio's existing advancements.
Reliance Jio is apparently in talks with Meta Platforms, the parent company of Facebook and Instagram, to license Meta's Horizon virtual reality (VR) operating system, according to a recent The Information report.
The proposed alliance follows Meta's USD 5.7 billion investment in Jio Platforms Limited in 2020, which became Facebook the company's largest minority shareholder. This investment cleared the stage for future collaboration, including the launch of the first end-to-end shopping experience on WhatsApp in 2022, which will integrate JioMart directly into the chat interface.
A successful partnership between Jio and Meta on the new VR headgear could transform the AR/VR scene in India. Jio hopes to provide a more complex and immersive experience by incorporating Meta's Horizon OS, which will enhance applications ranging from gaming and entertainment to virtual meetings and education.
This potential relationship is also consistent with Meta's overall objective of expanding Horizon's reach through collaborations with other companies. The integration of Horizon's advanced capabilities into Jio's VR device has the potential to establish Jio as a significant participant in the burgeoning AR/VR market.