Facebook and Microsoft are about to see new competition as Google joins the virtual reality business with its own VR wing

Facebook is almost in business with its $599 Oculus Rift about to ship out in March, while Microsoft has officially created the greatest hype yet in the VR industry with the HoloLens. Although not as dominant as the first two, the likes of Samsung and its Gear VR headset are also there. In the middle of all this, Google has officially decided to get back into the game which it had mainly abandoned after the unsuccessful Google Glass Project.

To start things off, Clay Bavor has been appointed as the new vice president of its VR wing. Sundar Pichai (CEO) shifted Bavor from Google Accounts (Gmail, Google Drive, Google Apps, etc.), which will now be headed by Diane Greene, a new comer to Google and the founder of VMware. This is actually the first time since the Google Glass was scrapped, that the existence of a virtual reality department in Google has become official.

Google’s presence in the VR business at this moment is only in the form of the Google Cardboard and YouTube’s own VR supported videos. Things are about to change however, as the reports suggest that a lot of money has been invested by the company in Magic Leap, a specialist in augmented reality. If the announcements regarding project Tango by Google and Lenovo at CES 2016 was an indication of anything, then we may see a sub-$500 project Tango phone in 2016 itself!

If you are wondering what Project Tango is exactly, you are probably not aware of the prototype that Google gave a demo on, roughly two years ago. Project Tango associates itself with devices that allow for 3D mapping with the help of sensors. In fact, both Lenovo and Google have the app-incubator project going at the moment, which is supposed to financially help developers design pre-installed apps for Project Tango.

As things are right now, a lot of guesswork is involved and rumors are floating around without enough facts to back them up. If Project Tango does not take the Google Glass route, then we should be able to clear up some of the confusion in the coming months.

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