Co-founder Brendan Iribe leaves Oculus


Brendan Iribe, co-founder and original CEO of Oculus, has left the VR headset company.

In a post on his Facebook page, Iribe said: “So much has happened since the day we founded Oculus in July 2012. I never could have imagined how much we would accomplish and how far we would come. And now, after six incredible years, I am moving on. I’m deeply proud and grateful for all that we’ve done together. We assembled one of the greatest research and engineering teams in history, delivered the first step of true virtual presence with Oculus Rift and Touch, and inspired an entirely new industry. We started a revolution that will change the world in ways we can’t even envision. As for me, this will be the first real break I’ve taken in over 20 years. It’s time to recharge, reflect and be creative. I’m excited for the next chapter.” 

Iribe was Oculus’ CEO when it launched its initial Kickstarter round in 2012, through to 2016, following the VR headset company’s 2014 $2 billion acquisition by Facebook. News of Iribe’s departure led to speculation that Facebook would cancel development of the Oculus Rift 2. But Oculus head Nate Mitchell took to Twitter to scotch such rumours: “A lot of questions today about the future of Rift — we’re still driving forward on the Rift/PC platform with new hardware, software, and content. Lots of great stuff in the works. More to share in the months ahead.” 

Precisely how Facebook intends to integrate Oculus into its social media platform remains a matter of speculation. But you can keep up with news on Oculus’ website.