Nokia reveals Ozo, a futuristic new professional camera for filming virtual reality [video]

TheVerge.com reports that when Microsoft bought Nokia’s handset business in 2013, two big questions hovered above all. The first was “why?” and we never got a convincing answer: Microsoft wrote off $7.6 billion in Nokia costs this month, higher than the purchase price. The second question was what would become of the rest of Nokia, which had just exited the business it had once dominated. The company said it planned to focus on maps, network infrastructure, and “advanced technologies” — but what those technologies would be went unsaid.

Today Nokia is beginning to lay out its vision. At an event for the entertainment industry in Los Angeles tonight, Nokia is announcing Ozo, a next-generation camera for capturing audio and video in 360 degrees. Nokia intends for the device, which is now in its preproduction phase, to become the default mode of shooting virtual-reality experiences for Hollywood, the media, and the advertising industry. A formal launch, along with a final sale price, is planned for the fall. But Ozo is not a consumer camera — the device is expected to sell in the mid-five figures.

To read more visit http://www.theverge.com/2015/7/28/9064499/nokia-vr-camera-ozo

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