Facebook owned company Oculus has bought up Israeli - based Pebbles Technologies in a deal supposedly worth around $ 60 million . Pebbles interfaces specialises in fiber optics , software systems and hardware to detect and control hand movement . Oculus likely wanted to acquire the company to help develop further methods of virtual reality . Facebook revealed its own brand of motion sensors back in June .
Facebook owned company Oculus has bought up Israeli-founded Pebbles Interfaces in a deal supposedly worth around $60 million. Pebbles interfaces specialises in custom optics, sensor systems and algorithms to detect and track hand movement. Oculus likely wanted to acquire the company to help develop further methods of virtual reality. Oculus revealed its own brand of motion controllers back in June.