Facebook to buy Oculus VR

Oculus VR

Oculus VR — a company that was truly pioneering the modern idea of virtual reality gaming — has entered into an agreement to be purchased by Facebook (yes, Facebook) for $2 billion in cash and stocks.

Oculus VR started as a breakthrough Kickstarter campaign, and has since been releasing and refining its core product, which is currently targeted at game developers. It isn’t particularly clear what Facebook hopes to do with the gaming-centric technology, though this much is clear: Apple won’t be buying its way into the VR world via this route.

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. 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.

This is where Oculus comes in.

Personally, I’m disappointed. At least Sony’s Project Morpheus looks just as promising, if not more so, than the technology Oculus has.

[Mark Zuckerberg]

Post a response / What do you think?