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Oculus VR - statistics & facts

Oculus VR is a virtual reality hardware and software specialist based in California, United States. Oculus VR was founded in 2012 before being acquired by Facebook in 2014 for 2.3 billion U.S. dollars in cash and stock. This helped to boost consumer awareness of the brand; Oculus VR also has partnerships with major technology companies including Microsoft and Samsung, which places the Oculus products in the spotlight of the technology industry. Oculus's current products include the Oculus Rift S headset for PCs, as well as Oculus Go and Oculus Quest, standalone headsets that contain integrated mobile computing hardware and do not require a PC to operate.

The Oculus Rift CV1, also known as simply the Oculus Rift, was the first consumer model of the Oculus Rift headset, hitting the retail market in late 2016. Prior to the release of the Oculus Rift, two Oculus Rift development kits, DK1 and DK2, had already been released in order to encourage the development of games and content. These development kits were sold for 300 and 350 U.S. dollars respectively. Initially designed for game purposes, the Oculus Rift also garnered interest outside of the gaming industry. By offering precise simulations of real situations, the device could be used for innovative applications in the tourism, automotive, and media industries to name a few.

The Oculus Rift has been replaced by the Oculus Rift S, released in the second quarter of 2019. The Oculus Rift S can work with the same hardware and software as the original Oculus Rift. Co-developed with and manufactured by Lenovo, the Oculus Rift S launched with a retail price of 399 U.S. dollars. Oculus VR has also put to the market two stand-alone VR headsets, namely the Oculus Go and Oculus Quest, with five million U.S. dollars’ worth of content for the Oculus Quest sold in the first two weeks of its release in 2019, and one hundred million U.S. dollars sold in total in the first year.

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Oculus VR

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