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nDreams to close two studios with loss of up to 78 jobs

Published: March 5, 2026 at 2:47 pm

Author: Chris Maguire

VR games specialist nDreams has announced plans to close two studios with the loss of up to 78 jobs.

Hampshire-based nDreams has been described as the world’s biggest developer and publisher of VR games.

The company was founded in 2006 by Patrick and Tamsin O’Luanaigh, before pivoting in 2013 to focus exclusively on VR games.

In 2023, nDreams was acquired by Swedish games giant Aonic in a £90m ($110m) deal.

In 2024, the games developer announced a strategic review resulting in up to 17.5 per cent of the company’s workforce being made redundant.

Today, the company announced the closure of two of its studios – Near Light and Compass – with 78 roles at risk of redundancy.

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