Ubisoft’s CEO, Yves Guillemot, expressed disappointment with Assassin’s Creed Nexus VR sales. He stated that the company will now be more cautious in investing in virtual reality (VR) games.

This announcement came during a Q&A session following the presentation of the third-quarter results of the fiscal year 2024.

An investor inquired about Ubisoft’s plans for VR formats like Meta Quest 3 or Apple Vision Pro. Guillemot responded that they wouldn’t commit to a significant investment in VR for now.

He mentioned that although Assassin’s Creed Nexus VR performed well and continues to sell, it didn’t meet their sales expectations. Therefore, Ubisoft will not increase its investment in VR until the market grows significantly.

Assassin’s Creed Nexus VR, released on Meta Quest in November last year, is Ubisoft’s biggest VR project. This follows the 2022 cancellation of a Splinter Cell VR game exclusive to Quest, developed by Red Storm studio.

Guillemot was impressed with Apple’s hardware but remains cautious, viewing VR as a sector to watch but not heavily invest in until it sees substantial growth.

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Ubisoft’s approach reflects a conservative stance towards VR investments, focusing on market growth before committing further resources.

Assassin’s Creed Nexus VR’s underwhelming sales have led to this strategic shift, marking a cautious period for Ubisoft in the VR gaming market.