Meet Facebook’s new virtual reality competitor

The Valve VRcompetition is getting more intense for Facebook’s Oculus Rift.

Valve Software, the videogame developer and creator/operator of the industry’s largest PC game digital distribution platform, will unveil its own virtual reality hardware next week at the Game Developer’s Conference in San Francisco. The company has not yet announced whether the system will see a commercial release, but it is actively meeting with content partners at the show, generally an indicator that it does plan to do so.

Read more at CNBC.com

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