Oculus was launched in 2012 as a startup company by Palmer Luckey and Brendan Iribe. Two years later, in 2014, Facebook purchased Oculus for $2 billion. Company’s CEO and co-founder, Brendan Iribe, has officially announced that he is going to step down from his position in order to assume the leadership of one of two newly formed divisions within Oculus.
In order to function properly, the Oculus Rift virtual reality headset needs to be powered by a powerful PC. According to Fortune, the company has decided to divide Oculus into separate divisions. Hence, one of the halves will focus primarily on mobile, while the other one will concentrate on PCs.
Even though Oculus represents Mark Zuckerberg’s centerpiece of Facebook’s incursion into virtual reality, Palmer Luckey and Brendan Iribe’s company already signed a partnership with the South Korean tech giant, Samsung. The partnership requires Oculus to provide Samsung with specific software for the South Korean-based company’s Samsung virtual reality headset powered by the Samsung Gear.
Brendan Iribe has formally announced his leave as Oculus’ CEO via a blog post on Tuesday, December 13th, 2016. The decision to break up Oculus into two separate divisions, namely a PC virtual reality group and a mobile segment, follows to be more focused on advancing development at faster rates, according to Forbes.
As Brendan Iribe stated, the new position as the head of the PC division will allow him to focus more efficiently on the Oculus Rift headset, research, and computer vision. At the same time, Jon Thomason, who only joined Oculus earlier this year, in summer, will take the mobile virtual reality division under his care. Now that the Oculus CEO seat is vacant, Mike Schroepfer, Facebook Chief Technology Officer together with Jon Thomason and Brendan Iribe will work to find a replacement most qualified to lead the Oculus team.
Ultimately, probably the happiest with the outcome is Brendan Iribe himself. According to his official announcement, he says that the best thing about stepping down from his role is that he will be able to better focus on the product and engineering. Furthermore, he also added that the fact that he was not able to experience the day-to-day process of building a new product as the company’s CEO was dampening his spirits.
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