Facebook’s Oculus eyes consumer virtual reality device with acquisition June 25, 2014 Oculus, the virtual reality technology company owned by Facebook, has bought the product design firm best known for creating the Xbox 360 controller as it aims to take its VR device into the mainstream. Seattle-based Carbon Design was snapped up by Oculus for an undisclosed sum, it said in a blog post published on the Oculus website. [...]
Virtual reality is here (almost)… March 26, 2014 Late on Tuesday, Facebook announced their acquisition of virtual reality start-up Oculus VR for $2bn. Here, Alex Dymoke gives the low-down on what many predict is the future of gaming and home entertainment THE HISTORYOculus VR started life in 2011 in the Californian garage belonging to the parents of 19-year-old virtual reality enthusiast and self-taught [...]
Facebook in $2bn virtual reality buyout March 25, 2014 SOCIAL media giant Facebook has bought Oculus, a virtual reality gaming firm, for $2bn. The shock deal saw Facebook founder Mark Zuckerberg pay $400m in cash and 23.1m in Facebook shares, as well as a $300m cash incentive if certain key milestones are reached. “Mobile is the platform of today, and now we’re also getting [...]