February 20, 2017 8:16 PM ET

Technology Hardware, Storage and Peripherals

Company Overview of Oculus VR, LLC

Company Overview

Oculus VR, LLC develops virtual reality products. The company offers Oculus Touch, a pair of tracked controllers that allow users to take virtual reality games and experiences further; Rift and Gear VR, which are virtual reality headsets; and DK2, a development kit for the Rift that allows developers to build games and experiences. It also offers PC, mobile, and audio SDKs for developers; and operates a platform that allows users to download and submit content, and obtain services related to products. The company was founded in 2012 and is based in Irvine, California. As of July 21, 2014, Oculus VR, LLC operates as a subsidiary of Facebook, Inc.

19800 MacArthur Boulevard

Suite 200

Irvine, CA 92612

United States

Founded in 2012





Key Executives for Oculus VR, LLC

Chief Operating Officer
Chief Software Architect
Head of Supply Chain
Head of WW Publishing
Compensation as of Fiscal Year 2016.

Oculus VR, LLC Key Developments

Texas Court Jury Orders Oculus to Pay $500 Million to Zenimax Media

Facebook's Oculus has been ordered by a Texas court jury to pay $500 million to ZeniMax Media for infringing on its technology. Oculus plans to appeal the ruling.

Oculus VR, Inc. Announces Organizational and Management Changes

Brendan Iribe, the CEO of Facebook Inc.'s virtual reality unit Oculus VR Inc., is stepping down from his position as part of a restructuring. Jon Thomason, who joined Oculus recently, will head the mobile VR group. Thomason and Iribe, along with Facebook's Chief Technology Officer Mike Schroepfer, will together look for a new CEO for Oculus. Oculus, will split into two groups: PC and mobile. Iribe will step down from the top spot to lead the PC VR group.

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