Adobe buys Oculus Medium from Facebook

Medium will remain free for people with an Oculus VR system.;

Update: 2019-12-08 12:30 GMT
E-commerce platform Tata Cliq has partnered with tech major Adobe to deploy solutions aimed at enhancing digital experiences for customers in India.
Tech major Adobe is betting big on sectors like banking and financial services and hospitality to drive its growth in India.
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Adobe is reportedly acquiring Oculus Medium, a virtual reality sculpting tool, owned by Facebook.

According to The Verge, Medium will remain free for people with an Oculus VR system. However, Adobe is expected to bring in more features, improvements, and other developments to Medium in 2020.

The sale of Oculus Medium is speculated as Facebook's scaling back on its non-gaming VR efforts.

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