Market Overview

Facebook's Oculus VR Headset To Include Xbox Controller

Share:
Facebook's Oculus VR Headset To Include Xbox Controller
Related FB
Baseball Is Just The Beginning: Expect Facebook To Go After More Sports To Grow Video Segment
Comparing Snap To Facebook And Twitter Pre-IPO; Snapchat Smartphone Coming?
The Vetr community has downgraded $FB to 3-Stars (Vetr)
Related MSFT
Bill Gates Talks AI, Universal Income, 'This Is Us' On Reddit AMA
Hewlett Packard Enterprise's Q1 Marred By Weak Sales At Microsoft
Numeric Investors Llc Buys Gilead Sciences, Microsoft, Baxter International, Sells Facebook, ... (GuruFocus)

Facebook Inc. (NASDAQ: FB)'s Oculus virtual reality headset called Rift will include a game controller provided by Microsoft Corporation (NASDAQ: MSFT) when the product launches early next year.

Oculus Partnership

Oculus disclosed the partnership Thursday, even as Microsoft is at work on its own virtual reality headset called HoloLens that may soon compete soon with Oculus.

Given Microsoft's work on HoloLens, its backing of Oculus "could be seen as unusual," according to the tech-news website The Verge. "But it's clear that Microsoft wants to support accessories for gaming on its Windows platform no matter what," The Verge stated.

Terms of the Oculus agreement with Microsoft weren't disclosed.

Related Link: Oculus Announces Accelerating Video Game Development With $10M Investment

Oculus Rift

A first-quarter 2016 launch for the Oculus Rift headset, in development for several years, got announced last month, although pricing hasn't been disclosed.

Developer versions of the Oculus Rift have been available for several years, and the company also helped to develop the Samsung Gear VR, which launched last year and is currently sold at retail for about $200.

"It's one of the best controllers in the world," Oculus said of the Microsoft Xbox pad, adding that virtual reality products will "transform gaming, film, entertainment, communication, and much more."

Oculus was acquired last year for $2 billion by Facebook.

Image Credit: Public Domain

Posted-In: HoloLens Oculus Oculus Rift Samsung Gear VR The VergeAnalyst Color Biotech IPOs

 

Related Articles (MSFT + FB)

View Comments and Join the Discussion!