Friday, October 14, 2016

Oculus Acquires InfiniLED

Oculus VR has acquired Irish startup InfiniLED, a developer of next general, LED-based display technology used in wearables. Financial terms of the acquisition were not disclosed. InfiniLED is based in Cork, Ireland, and was a spinout of Ireland's Tyndall National Institute (TNI). Oculus VR is owned by Facebook.