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About Oculus VR
Oculus VR is an American technology company founded by Palmer Luckey, Brendan Iribe, Michael Antonov, Jack McCauley and Nate Mitchell in July 2012 in Irvine, California, now based in Menlo Park. In April 2012, Luckey announced the Rift, a virtual reality headset designed for video gaming, and launched a Kickstarter campaign in August to make virtual reality headsets available to developers. Two pre-production models were released to developers; the Oculus VR DK1 (Development Kit and Oculus VR DK2 (Development Kit . In 2015, Oculus VR acquired Surreal Vision, a British startup focused on 3D reconstruction and mixed reality, stating that it could be possible for Oculus VR to develop products with the concept of telepresence. On October 11, 2017 Oculus reduced the price of the Rift + Touch bundle to $399 in the US. In the years 2017 and 2018, Oculus Rift has beaten HTC Vive in terms of VR device shipments but it was only second to Sony's PlayStation VR shipments, which was estimated to amount to 2 million units. Oculus Studios is a division of Oculus that focuses on funding, publishing and giving technical advice to third party studios to create games and experiences for Oculus Rift. The studio was started by Oculus to pioneer animated virtual reality filmmaking and educate, inspire, and foster community for filmmakers interested in VR.