Facebook buying Oculus VR for $2 billion USD

Facebook announced in a blog post this morning that it has agreed to acquire Oculus VR, the company behind Oculus Rift, for $2 billion USD ($2.3b NZD).

Zuckerberg fittingly announced the social media giant’s move via a Facebook status too, saying, “Our mission is to make the world more open and connected. For the past few years, this has mostly meant building mobile apps that help you share with the people you care about.”

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“We have a lot more to do on mobile, but at this point we feel we’re in a position where we can start focusing on what platforms will come next to enable even more useful, entertaining and personal experiences.”

Zuck, clearly fascinated by the technology, added, “When you put it on, you enter a completely immersive computer-generated environment, like a game or a movie scene or a place far away. The incredible thing about the technology is that you feel like you’re actually present in another place with other people.”

He said the company plans to accelerate immersive gaming first, and that Oculus will operate independently of Facebook. After gaming, Facebook wants to make Oculus a platform for as many experiences as possible.

“Imagine enjoying a court side seat at a game, studying in a classroom of students and teachers all over the world or consulting with a doctor face-to-face — just by putting on goggles in your home,” said Zuckerberg.

The social network sees virtual reality as a potential communication platform, and Oculus will help realise that potential.

“Virtual reality was once the dream of science fiction. But the internet was also once a dream, and so were computers and smartphones.”

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