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This just in, Facebook is buying VR Headset maker Oculus for $2bn.

I can’t see how this is a good thing to be honest. The Oculus Rift isn’t even out commercially yet, and well, this may end up killing it! Facebook says it plans to bring it to new markets, while Oculus continue focusing on the gaming market.

Mark Zuckerberg said

“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. We’re going to focus on helping Oculus build out their product and develop partnerships to support more games. Oculus will continue operating independently within Facebook to achieve this. But this is just the start. After games, we’re going to make Oculus a platform for many other experiences. 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.”

Oculus chief executive Brendan Iribe said:

“We believe virtual reality will be heavily defined by social experiences that connect people in magical, new ways,” he said. “It is a transformative and disruptive technology, that enables the world to experience the impossible, and it’s only just the beginning.”



Geek, Techy Head, Product Manager, Usability Engineer, UI Designer. Love TV, Movies and Music of all sorts. Need to know more,just ask!

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