Oculus co-founder to leave Facebook

(Reuters) – VR headset maker Oculus co-founder Brendan Trexler Iribe is leaving Facebook Inc, according to his post on the social media network on Monday.

Then Oculus CEO Brendan Iribe displays a virtual reality headset in San Francisco, June 2015. REUTERS/Robert Galbraith

Oculus, which makes Oculus Rift and Gear VR headsets, was acquired by Facebook in 2014 for $3 billion.

In 2016, Facebook reassigned Iribe, who had been Oculus’ chief executive, to head development of virtual reality tools for PCs.

Iribe’s departure follows the exits of Instagram co-founders Kevin Systrom and Mike Krieger last month.

WhatsApp co-founders Jan Koum and Brian Acton have also left the company.

Reporting by Munsif Vengattil in Bengaluru; Editing by Anil D’Silva

Our Standards:The Thomson Reuters Trust Principles.
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