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The Summit/Flickr
oculus rift

The CEO of Facebook-owned Oculus VR will be speaking at this year's Web Summit

Limerick-native Patrick Collison, founder and CEO of payments company Stripe, and the co-founder of Paypal, Max Levichin, will also speak at the event, now known as The Summit.

THE CEO OF virtual reality company Oculus VR, which was recently acquired by Facebook for $2 billion, will be speaking at this year’s Dublin Web Summit, now known as The Summit.

Brendan Iribe, whose company is responsible for the virtual reality headset Oculus Rift, will be joined by Limerick-native Patrick Collison, the founder and CEO of the San-Francisco-based online payments company Stripe, which was recently valued at $1.75 billion, as well as the co-founder of Paypal, Max Levchin.

Also confirmed for the event are the Chief Technology and Strategy Officer of Cisco, Padmasree Warrior, technology evangelist, Robert Scoble, and the CEO of Hampton Creek, Josh Tetrick, whose company looks to find new ways to use plants to replace eggs in different products.

In a statement announcing the move, its founder Paddy Cosgrave said there would be greater focus on the Internet of Things as well as sports.

The Summit will be held at the RDS in Dublin from the 4th – 6th November. The organisers expects more than 20,000 people to attend this year’s event and is estimated to have contributed €40 million to the local economy last year.

Read: Trinity to lead emergency management research project worth €3 million >

Read: WATCH: How Google is perfecting its self-driving car for city streets >

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