Source: http://www.oculusvr.com/blog/oculus-agre...

We’re thrilled to announce that we’ve agreed to acquire the Carbon Design team, one of the premier industrial design and product engineering teams in the country, with over 50 awards to their name. As part of the deal, the team will officially become a key component of the product engineering group at Oculus, operating from the Carbon studio in the Seattle area. They’ll also be working closely with the Oculus R&D team based out of Redmond. We expect the deal to close by the end of summer.

The Carbon team brings their expertise around building great feeling, great looking consumer products like the Xbox 360 controller. We’ve been working with Carbon for nearly a year on multiple unannounced projects.