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Oculus buys hardware R&D firm, looks for hardware partners

Jun. 24, 2014 4:54 PM ETMeta Platforms, Inc. (META) StockMETABy: Eric Jhonsa, SA News Editor5 Comments
  • Oculus VR (NASDAQ:FB) is buying hardware R&D firm Carbon Design for an undisclosed sum. The deal is expected to close by summer's end.
  • Oculus, interested in making its VR headsets smaller, lighter, and cheaper, says Carbon "officially become a key component of the product engineering group at Oculus." The firm designed the Xbox 360's controller, among other products.
  • Separately, Oculus CEO Brendan Iribe states his company is looking for hardware partners to boost adoption of its VR platform. "If we do want to get a billion people on virtual reality, which is our goal, we’re not going to sell 1 billion pairs of glasses ourselves.”
  • Iribe adds Oculus has held initial talks with Sony (recently unveiled its rival Morpheus VR headset) and other hardware firms, and that the company likely won't form partnerships until a consumer version of the Oculus Rift (currently available via dev. kits) is launched.
  • Engadget reported in May Oculus is partnering with Samsung on a mobile/media-focused headset that will will feature a slot to insert a smartphone (and thus make use of its display and rear camera).
  • Earlier: Cantor upbeat on Facebook's video ads

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