Ctrllabs

Facebook looks to expand AR/VR technology with CTRL-labs acquisition

Facebook has purchased CTRL-labs, a technology company that has developed a neural monitoring wristband. “They will be joining our Facebook Reality Labs team where we hope to build this kind of technology, at scale, and get it into consumer products faster,” wrote Vice President of AR and VR Andrew Bosworth in an announcement on his

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Facebook acquires Ctrl-labs to advance its brain-machine interface efforts

Facebook this evening announced it intends to buy Ctrl-labs, a New York-based startup developing a wristband that translates musculoneural signals into machine-interpretable commands. The acquisition hasn’t yet closed, and the terms weren’t revealed publicly. (CNBC pegs its size at approximately $1 billion, half the amount Facebook paid to acquire virtual reality company Oculus VR in

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