Facebook buys VR game developer BigBox VR

Facebook has acquired BigBox VR, the developer of the virtual reality game titled Population: One.
Oculus Quest 2 VRFinancial details were not disclosed.

Population: One has earned revenue of more than $10 million on the Oculus Store after just a few months.

“POP: ONE stormed onto the VR scene nine months ago and has ranked as one the top-performing titles on the Oculus platform, bringing together up to 24 people at a time to connect, play, and compete in a virtual world,” said Mike Verdu, the VP of content at Facebook Reality Labs.

BigBox VR, as part of the Oculus Studios family from Facebook, will have the opportunity to grow POP: ONE and cultivate its community with the full support of Oculus Studios resources, and pursue other projects.

Facebook said that it is exploring many ways to accelerate VR, including investments in third-party content, AAA IP, hardware, and more.