Virtual Reality is rising up fast, very fast. Just today, the Facebook-owned Oculus announced through a blog post that they have made another acquisition (the sixth in line, if you are interested), the Israel based company Pebbles Interfaces will now be working under Oculus.
Pebbles Interfaces, founded in 2011, is a company that develops hardware and software that facilitate 3D gesture interaction in computing and electronic devices. They have spent the last five years developing technology that uses custom optics, sensor systems and algorithms to detect and track hand movement.
Over its active period, Pebbles had raised $11.5 million from investors that included players like Bosch, SanDisk and Xiaomi, as well as investors like iNetworks360.
In the past, Oculus and Pebbles have already worked together as Pebbles was one of the key players to help bring Oculus’s VR headset into existence. Using Pebbles’ technology, Oculus will be able to add extra dimensions of authenticity to the VR experience.
Another advantage would be that the bandwidth of applications using VR can be highly increased.
According to the blog post, Pebbles Interfaces will be joining the hardware engineering and computer vision teams at Oculus to help advance virtual reality, tracking, and human-computer interactions.
Nadav Grossinger, CTO of Pebbles Interfaces, after this new development said:
At Pebbles Interfaces, we’ve been focused on pushing the limits of digital sensing technology to accelerate the future of human-computer interaction. Through micro-optics and computer vision, we hope to improve the information that can be extracted from optical sensors, which will help take virtual reality to the next level. We’ve always believed visual computing will be the next major platform in our lifetime, and we’re excited to join the Oculus team to achieve that vision for the future.
The company which specializes in depth sensing technology and computer vision, according to the Wall Street Journal, was apparently acquired by Facebook owned Oculus for $60 million, though Facebook denied to the terms of the deal.