Tagged: Oculus VR

Oculus Touch controller for next level gaming experience in Virtual Reality

Oculus Touch

There is no doubt that Virtual Reality is going to transform video gaming forever real soon, and Oculus Rift is going to lead the way. Oculus began with wireless Xbox One controller as input device, but to move forward and improve gaming experience in virtual reality, the Rift makers have come up with Oculus Touch – next-gen input device designed to allow gamers to interact with objects in VR most naturally. Read More…

Oculus Crescent Bay: Next gen VR headset immerses you in augmented reality

Oculus Crescent Bay Prototype

Oculus Crescent Bay Prototype

Oculus Rift virtual reality headset has been around for couple of years now and it has really impressed the proponents of augmented reality hardware. So much that a company like Facebook couldn’t resist to buy Oculus VR for a staggering amount. Now to step up the game even further, Oculus VR has come up with the next improved prototype version of the headset dubbed as Crescent Bay at the Oculus Connect conference in Los Angeles. The new VR headset will have an improved display, better head tracking capability and audio aesthetics for an immersive experience.
Read More…

Why Facebook acquired Oculus VR for $2 billion?

Facebook buys Oculus VR

In a surprise move Facebook owner Mark Zuckerberg has acquired virtual reality technology startup Oculus VR founded by Palmer Luckey, for a heavy $2 billion. The deal includes $400 million in cash, 23.1 million shares of Facebook common stock worth about $1.6 billion and $300 million in cash and stock based incentives. The maker of augmented reality Oculus Rift headset is second acquisition by Facebook in a very short time after their WhatsApp procurement. Oculus VR will operate independently within Facebook and work on its current project, as well as projects that fall in line with Facebook’s long term goals.
Read More…