Yes they are motion tracked. They have inertial sensors and are tracked by cameras just like the Rift headset. Early reports are that they work about as well as

Yes they are motion tracked. They have inertial sensors and are tracked by cameras just like the Rift headset. Early reports are that they work about as well as the Vive controllers. We'll know more towards the end of the year when they are slated to be widely available. The great thing about Valve's approach to VR is that they have been very open and committed to compatibility with Rift hardware and aren't playing favorites with hardware. To Valve a motion tracked controller is a motion tracked controller. People are using stuff like Razer Hydra to play Steam games with tracked controllers and the Rift today.