Head of Facebook’s Oculus Steps Down to Lead New PC VR Unit

Brendan Iribe will head a newly created personal computer-focused VR division within Oculus.

By Reuters Dec 14, 2016
Reuters | Robert Galbraith

This story originally appeared on Reuters

The chief executive of Oculus, Facebook Inc.’s virtual reality business, said on Tuesday he would step down to head a newly created personal computer-focused VR division within Oculus.

Brendan Iribe said in a blog post that Oculus is also creating a unit focused on mobile VR, which will be led by software head, Jon Thomason.

“With this new role, I can dive back into engineering and product development … pushing the state of VR forward with Rift, research and computer vision,” Iribe said.

Oculus started shipping its highly awaited Rift headset, which retails for $599, in March. It competes with Sony Corp.’s PlayStation VR headset and HTC Corp.’s Vive.

Iribe said he and Thomason would work with Facebook Chief Technology Officer Mike Schroepfer to find a new leader for Oculus.

Facebook paid $2 billion for Oculus in 2014, believing it to be the next major computing platform. Chief Executive Mark Zuckerberg said in October that Oculus would spend $500 million to fund VR content development.

Oculus is working on an affordable standalone VR headset not tethered to PCs or consoles.

(Reporting by Anya George Tharakan in Bengaluru; Editing by Savio D’Souza)

The chief executive of Oculus, Facebook Inc.’s virtual reality business, said on Tuesday he would step down to head a newly created personal computer-focused VR division within Oculus.

Brendan Iribe said in a blog post that Oculus is also creating a unit focused on mobile VR, which will be led by software head, Jon Thomason.

“With this new role, I can dive back into engineering and product development … pushing the state of VR forward with Rift, research and computer vision,” Iribe said.

Oculus started shipping its highly awaited Rift headset, which retails for $599, in March. It competes with Sony Corp.’s PlayStation VR headset and HTC Corp.’s Vive.

Iribe said he and Thomason would work with Facebook Chief Technology Officer Mike Schroepfer to find a new leader for Oculus.

Facebook paid $2 billion for Oculus in 2014, believing it to be the next major computing platform. Chief Executive Mark Zuckerberg said in October that Oculus would spend $500 million to fund VR content development.

Oculus is working on an affordable standalone VR headset not tethered to PCs or consoles.

(Reporting by Anya George Tharakan in Bengaluru; Editing by Savio D’Souza)

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