The Order: 1886 developer is now a VR only developer.
Lone Echo

Ready at Dawn has joined Facebook's ever growing list of developers that fall under its Oculus umbrella. Ready at Dawn is perhaps best known for having developed The Order: 1886 for the PlayStation 4 along with the very popular Lone Echo for Oculus VR.

Ready at Dawn will now focus almost exclusively on VR and AR content for Oculus. Mike Verdu, the VP of AR/VR content at Facebook shares his thoughts on this new acquisition.

In addition to setting the bar for narrative VR experiences, Lone Echo re-wrote the playbook for VR movement mechanics with the debut of Ready At Dawn’s signature innovative continuous locomotion system and full-body IK (inverse kinematics). The zero-g mechanic is used throughout the Echo Games franchise and lends itself well to VR beginners and competitive VR esports alike.

As part of the Oculus Studios team, Ready At Dawn will continue creating memorable, immersive, and innovative VR content for gamers around the world as an independently-operated studio. We’re thrilled to welcome them to the family.
At this current point in time, Ready at Dawn is already hard at work on Lone Echo 2. They will continue working on that game for the foreseeable future and have no current plans to announce anything else at this point in time.

The exact terms of this acquisition were not revealed. However, every employee at Ready at Dawn is joining the Oculus team. They will continue to operate as an independent studio from their offices in Irvine, CA and Portland, OR.

Ready at Dawn is the third development studio that Facebook has picked up in the past year. In November 2019 they acquired Beat Saber developer Beat Games. In February 2020, they picked up Sanzaru Games, the studio behind Asgard's Wrath.