Oculus VR Competitor Makes Appearance Following Recent Facebook (FB) Deal
Tweet
Share
E-mailGet Alerts FB Hot Sheet
Join SI Premium – FREE
Not a few days after Facebook (Nasdaq: FB) announced plans to acquire Oculus VR does a formidable competitor emerge.
Say hello to True Player Gear. The link points to a basic page showing the contraption and some of its specs. They look fairly par-for-the-course from a non-developer perspective.
We're not sure the specifics of the Oculus Rift, but here's the company's FAQ for Developers.
In any case, while other companies might also be looking to gain a foothold in virtual reality, Facebook has an incredible breadth of user knowledge and resources behind it, which would make competition tough. The biggest competitor could be Google (Nasdaq: GOOG), but its Google Glass isn't really competing in the same category. Google is going to enhancement for day-to-day activity, while Facebook might initially be aiming for gamers and progressing from there.
Shares of Facebook are modestly higher in early trading.
Say hello to True Player Gear. The link points to a basic page showing the contraption and some of its specs. They look fairly par-for-the-course from a non-developer perspective.
We're not sure the specifics of the Oculus Rift, but here's the company's FAQ for Developers.
In any case, while other companies might also be looking to gain a foothold in virtual reality, Facebook has an incredible breadth of user knowledge and resources behind it, which would make competition tough. The biggest competitor could be Google (Nasdaq: GOOG), but its Google Glass isn't really competing in the same category. Google is going to enhancement for day-to-day activity, while Facebook might initially be aiming for gamers and progressing from there.
Shares of Facebook are modestly higher in early trading.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- SpaceX bond sale draws $89 billion in investor demand
- Illumina adds Eli Lilly's chief scientific officer to its board
- Zuckerberg Directed Meta To Create Prediction Markets App - NYT
Create E-mail Alert Related Categories
Insiders' BlogRelated Entities
Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
