Facebook to acquire Oculus VR for $2 billion

Updated:06:30 PM CEST Apr,18

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Gameguru Mania News - Mar,26 2014 -

Facebook to acquire Oculus VR for $2 billion - tech
(psolord) 05:48 AM CET - Mar,26 2014 - Post a comment / read (1)
Facebook intends to acquire virtual reality hardware company Oculus VR for $2 billion, a price that consists of approximately $1.6 billion in stock and $400 million in cash, it said in a press statement Tuesday. During a conference call Tuesday afternoon, Zuckerberg said that purchasing Oculus means Facebook has now made an "ambitious, long-term bet" on each of its three long-term goals: connecting everyone, understanding the world and building the knowledge economy. He named Internet.org and Facebook's artificial intelligence research group as the other two bets. Zuckerberg said that he sees Oculus as an opportunity to move beyond the console and toward ubiquitous computing. He doesn't expect Facebook to make money off of selling Oculus hardware; instead, it might become a ubiquitous world for communication that might contain advertising. In the near future, he said the goal is to build out Oculus and make its platform affordable and ubiquitous. He declined to comment on when a consumer model of the Rift will be released.

Zuckerberg's Facebook status update about the acquisition provided a little more color about the company's intentions with Oculus, particularly in expanding it beyond gaming. "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," he explained.

last 10 comments:

Apathy Curve	(03:25 PM CET - Mar,26 2014 )
"Imagine motion sickness and crippling headaches, all in the comfort of your own home!" http://www.incgamers.com/2013/03/is-vr-and-oculus-rift-really-the-next-big-thing-in-gaming-again A fool and his money are soon parted.