OZO VR: Nokia says Virtual Reality market is too slow

Nokia Ozo VR

Two years ago, Nokia Technologies announced its OZO VR (virtual reality) camera. OZO is an interesting device capable of recording 360 degree video. The goal was to define a new category of VR capture and playback tools. The company has come out to say that the VR market is not developing fast enough. OZO VR Project Halted As such, further development work on the project is being halted. An excerpt from Nokia’s announcement: In digital media, the slower-than-expected development of the VR market means that Nokia Technologies plans to reduce…

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