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KingdomHeartsFan said:

Phil Spencer just said Microsoft has been working on VR for "quite awhile."

http://www.techradar.com/news/gaming/microsoft-s-phil-spencer-hints-at-company-s-vr-plans-1236094


They might have been working on it for a while and they could be in advanced stages with VR but we don't really know. If the are working with VR they might be years away until they have a it up and running. If they bough Oculus Rift then that would gift them a product that is near the final thing.

Since MS has interests in gaming on PC it would benefit them and they can adapt it to work with the X1.