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 […]
05 Jun
Oculus has announced that former Valve chief of business development, Jason Holtman, has joined the company. “A driving force behind Steam since its earliest days, Jason brings incredible experience building entertainment platforms for both users and developers,” reads a post from Oculus, in part. “At Valve, Jason was a pioneer in the digital distribution revolution […]