06 May
Oculus has responded to Zenimax’s claim that the company’s CTO John Carmack stole Zenimax property to use on the Oculus Rift when he was still at Id Software saying that it is “disappointed but not surprised by Zenimax’s actions” and will “prove that all of its claims are false.” Oculus also noted that the source […]
29 Mar
Valve’s leader of Research and Development, Michael Abrash, has left the company to serve as chief scientist at Oculus VR today. Abrash arrival at Oculus comes just after Facebook’s recent acquisition of the company for $2 billion, which Abrash addresses in a blog post on the Oculus VR website. “The resources and long-term commitment that […]
25 Mar
Facebook has announced that is is acquiring Oculus VR for $2 billion. The deal will see Facebook pay $400 million in cash with the remainder made up of 23.1 million shares of stock valued at $1.6 billion. “Facebook plans to extend Oculus’ existing advantage in gaming to new verticals, including communications, media and entertainment, education […]
11 Mar
Former lead engineer on Valve’s virtual reality project, Atman Binstock, has joined Oculus VR as its new chief architect, the company has announced. Binstock will lead the new Oculus R&D team based in Seattle and their search for “exceptional engineers” interested in the research and development of the “future of virtual reality”. “Just over two […]