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Oculus co-founder leaves Facebook after Rift 2 cancellation: Report

Facebook reportedly cancelled next generation "Rift 2" VR headset last week.

  • Published: October 23, 2018 12:21 PM IST

Image credit: Brendan Iribe Facebook page

Oculus’ co-founder and former CEO, Brendan Iribe, on Monday announced his exit from Facebook in a tweet and on his Facebook page. His exit has come at a time when Facebook is in news for high-profile startup founders leaving the company. Recently, WhatsApp CEO Jan Koum, Instagram CEO Kevin Systrom and fellow co-founder Mike Krieger left Facebook as well.

According to TechCrunch report, Iribe has left Facebook following some internal shake-ups. It noted source close to the matter has suggested that Facebook-owned Oculus last week saw the cancellation of next generation PC-powered virtual reality headset, “Rift 2” .

Iribe reportedly was the development lead on virtual reality headset “Rift 2”, but Iribe’s and Facebook’s executive team had “fundamentally different views on the future of Oculus that grew deeper over time.”

Although Facebook didn’t confirm about the “Rift 2” cancellation, neither it deny.

“While we can’t comment on our product roadmap specifics, we do have future plans, and can confirm that we are planning for a future version of Rift,” a Facebook spokesperson told TechCrunch.

Before Oculus, Iribe was the chief product officer at a cloud-gaming startup, Gaikai, which Sony bought in 2012 for $380 million. Oculus VR was established by Palmer Luckey, Brendan Iribe, Michael Antonov and Nate Mitchell in July 2012.

Last month only, Oculus upgraded its virtual reality headset with power to handle the intensive graphics of digital worlds in a wire-free experience. The new Oculus Quest is a standalone VR headset boasting the same quality experiences as the Oculus Rift but without wires. It will hit market early next year at a price of $399 (approximately Rs 28,000).

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  • Published Date: October 23, 2018 12:21 PM IST