Skip to content
Sunday 9 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,901.09
+0.31%
DAX
26,319.45
+0.69%
CAC 40
8,714.93
+0.17%
STOXX 50
6,523.86
+0.33%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 25 June 2014 5:42 am  |  Updated:  Thursday 06 June 2019 11:22 pm

Facebook’s Oculus eyes consumer virtual reality device with acquisition

By: Lynsey Barber

Add as a preferred source on Google

Oculus, the virtual reality technology company owned by Facebook, has bought the product design firm best known for creating the Xbox 360 controller as it aims to take its VR device into the mainstream.

Seattle-based Carbon Design was snapped up by Oculus for an undisclosed sum, it said in a blog post published on the Oculus website. The post revealed the two companies have been working together for nearly a year on projects which have yet to be announced.

A development version of the Oculus virtual reality headset is currently available for those looking to create software and games for the device, but the addition of Carbon Design signals an increased focus on building a device with mass appeal to go on sale to consumers. Carbon Design creative director Peter Bristol said:

“From a design and engineering perspective, building the products that finally deliver consumer virtual reality is one of the most interesting and challenging problem sets ever. This is an entirely open product category. With consumer VR at its inception, the physical architectures are still unknown — We’re on the cutting edge of defining how virtual reality looks, feels, and functions.”

Facebook dropped $2bn on Oculus in a surprise deal back in March.

The VR company has since embarked on a hiring spree, adding at least 30 people to the Oculus team in the past month aside from buying Carbon Design.

The consumer version of Oculus has been slated for release as early as the end of 2014.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Facebook
  • Virtual reality

Trending Articles

  • Thames Water faces fresh threat to survival after pensions regulation breach

  • PwC’s Embankment HQ to get major makeover ahead of Canary Wharf move

  • Family feud: London estate agent Winkworth sues chair over plot with wife to oust son from board

  • As it happened: Stocks rise despite new tensions in Strait of Hormuz; Oil price climbs

  • A tribute to wine legend Matthew Jukes by his friend Libby Brodie

More from Morning Wire

  • Schroders sells financial planning arm as it accelerates high net-worth shift

    Investing
    Schroders office building exterior with modern architecture and company logo prominently displayed in a business district ...
  • First look: The Ferrari Daytona Shooting Brake ‘Hommage’

    Life&Style
    Ferrari Daytona Hommage sports car in vibrant red, showcasing sleek design and iconic style, parked on a scenic road.
  • Lamborghini Urus SE Performante is an even more super SUV

    Life&Style
    Lamborghini Urus luxury SUV in motion, showcasing sleek design and performance on a scenic road for a news feature
  • Oura Ring 5 vs Google Fitbit Air: The battle of the fitness trackers 

    Life&Style
    Close-up of Oura Ring 5 showcasing sleek design and advanced health tracking features in a tech-focused setting.
  • Mach42 Completes £7M Funding Round, Led by IP Group With Investment From BGF and Foresight Group

    Business Wire
  • McLaren 788HS debuts at Goodwood: It’s extreme

    Life&Style
    McLaren supercar on display, showcasing sleek design and advanced engineering against a backdrop of a bustling automotive ...
  • Pugdundee Safaris Redefines Indian Wildlife Tourism with a 2028 Carbon-Neutral Vision

    Business Wire
  • The PlayStation Portal 2026 review: Japanese innovation, hampered by UK infrastructure 

    Life&Style
    PlayStation Portal handheld device showcasing sleek design and advanced gaming features against a modern backdrop.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook