Project Morpheus

Founder of Facebook’s new virtual-reality company: Sony’s Project Morpheus is ‘a good thing for VR’

Yesterday, Facebook bought Oculus VR, the company that’s working on bringing virtual reality to consumers. This comes just after Sony introduced a competing device last week — only Oculus isn’t really worried about that.

Mark Zuckerberg and Facebook just dropped $2 billion to purchase Oculus VR and its head-mounted virtual-reality display. The two companies plan to bring the product, known as Oculus Rift, to market potentially later this year or in 2015. At that point, it could face competition from Sony’s Project Morpheus VR helmet, which the PlayStation maker debuted as a prototype during last week’s Game Developers Conference. Oculus cofounder Palmer Luckey doesn’t really think that his device (which works with PCs) will have to compete with Sony’s (which will only work with PlayStation 4).

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