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The company was founded by Plamer Kuckey and Scaleform co-founders Brendan Iribe and Michael Antonov. The Oculus Rift is being developed by Oculus VR, which raised $2.4 million with their Kickstarter.
Convergence: With their Kickstarter anyone who pledged $300 or more was rewarded with the developers kit. Pledges over $275 would get an un-assembled Rift prototype. The consumer version of the product is expected it be available in late 2014 or early 2015. The developer kit costs $300 and has a resolution of 1280 x 800. When the consumer version comes out it will be under $300 and will have a resolution of 1920 x 1080 with a 7 inch screen.
Consumerism: It is a head mounted display for gamers. The product is aimed at hardcore video game players. It has better resolution than the previous model. It can be hooked up with a HDMI and USB cable, so you can use it with your PC, console or even your smartphone.
Interactivity: The new Oculus is very accurate at tracking your head movements. The new motion tracking system allows for actions such as crouching or learning, which helps to alleviate motion sickness.
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