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Oculus co-founder to leave Facebook

Published 10/22/2018, 03:41 PM
Updated 10/22/2018, 03:41 PM
© Reuters. Oculus CEO Brendan Iribe displays a virtual reality headset during an event in San Francisco, California

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

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.

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