22 Jul
Facebook’s acquisition of Oculus VR has officially closed today, the two companies have announced. “We’re looking forward to an exciting future together, building the next computing platform and reimagining the way people communicate,” the companies said in a joint statement. Facebook announced its plan to acquire Oculus VR in March for $2 billion, including $400 […]
25 Jun
After being purchased by Facebook earlier this year, Oculus has made its own acquisition of the Carbon Design Group. The group, which partnered with Microsoft on the design of the Xbox 360 controller, will become part of the Oculus product engineering team. It will continue to operate from its Seattle studio, and will also work […]
12 Jun
Speaking to Ars Technica, Oculus CEO Brendan Irebe has confirmed that the consumer version of the Oculus Rift headset will cost less thanks to Facebook’s recent acquisition of the company. “I think [the buyout] is going to allow us to deliver consumer V1 at a lower cost, because we’re not trying to drive a high […]
22 May
Samsung is working on its own virtual reality headset and plans to beat the Oculus Rift and Sony’s Project Morpheus to the market, Engadget reports. Engadget sources claim that the Galaxy mobile device maker already has prototype versions of the headset, which are powered by Galaxy devices and have been given to some developers. The […]