Re: Portfolio One of woodfords IPO's which fell off a lot.
Portfolio Looking into the portfolio this is a buy in my book sub 38-40p. Management inventivized to higher sp in reasonable timefram
nDreams making VR apps for Google Have you heard the news from Google I/O 2016? Its there, at Googles annual developer conference, that Daydream has been revealed Googles platform for high-performance mobile VR.You may have also caught our logo in their keynote and were thrilled to confirm that were one of the first videogame developers committed to making apps and experiences for Daydream.We have not one, but two original titles currently in development for Daydream right now. Each one has been built specifically for Googles new high-quality mobile VR platform. Well be sharing more information about both upcoming releases, along with details on how were designing them to make full use of Daydream viewers and controllers, in the run up to launch.Heres a few words from our CEO and Founder, Patrick OLuanaigh:Im thrilled that nDreams is one of the first studios to support Daydream. With this new platforms announcement, its that much easier to envisage a time where everyone always has access to high quality mobile VR entertainment and its exciting to be collaborating with Google on that ambition.Tom Gillo, our VP of Development, had this to share:Having already had great success with Perfect Beach for Google Cardboard, its incredibly exciting to be creating high performance experiences for Googles new mobile VR platform. We cant wait to share the first details about our innovative and captivating apps for Daydream in the near future.Mercia Technologies PLC (AIM: MERC) which is focused on the creation, funding and scaling of innovative businesses with high growth potential from the UK regions is pleased to announce that portfolio company nDreams (of which Mercia has a 40% equity stake), has been appointed by Google as one of the first developers alongside EA Games and Ubisoft to make apps and experiences for Daydream, their platform for high performance mobile Virtual Reality ("VR". nDreams, one of the UK's largest independent developer and publisher solely focused on VR entertainment software, has two original titles in development for Daydream, each built specifically for Google's new high quality mobile VR platform. The Company is delighted to have been selected by Google to develop its first games. Having already had great success with Perfect Beach for Google Cardboard, the contract demonstrates Google's belief in the high quality experience of nDreams software and more broadly the VR sector which has an estimated value of $30 billion by 2020 across all platforms.