Oculus to Launch in 2016

http://www.cnet.com/videos/share/id/iRgOuLLnpHrWwWVg2pq_uxf6Dpn8jCh_/

Oculus VR’s long road to store shelves is going to be a little longer than some had hoped.

The virtual reality company, which Facebook bought for $2 billion last year, announced Wednesday that it plans to launchits headset device in the first quarter of next year.

Oculus has high hopes for virtual reality, saying in its announcement that the technology would “transform gaming, film, entertainment, communication and much more.”

The launch is a seminal moment for the video game industry, and for the high-flying startup. Until now, most virtual reality technology has come in the form of prototypes and development devices shown at trade shows and high-profile announcements.

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