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They got another one - Facebook buys Oculus VR for $2 billion

They got another one – Facebook buys Oculus VR for $2 billion

| On 26, Mar 2014

What has social media to do with virtual reality?

Lately, Facebook is on the loose, as they keep buying companies. The latest acquisition of the social media giant is Oculus VR, the makers of the virtual reality headset Oculus Rift, for approximately $2 billion in cash and stocks.

According to Facebook’s CEO, Mark Zuckerberg, Oculus “has potential to be the most social platform ever”, but people are still curious about this move, and, like in Whatsapp case, afraid that this deal could ruin the bright future Oculus VR might have.

On the other side, the guys from Oculus are more than glad, as they think that Facebook understands their vision, being the perfect partner for their idea of “transforming the way we learn, share, play and communicate.”

Personally, I’m very curious about how this whole deal will end. Of course, like everybody, I hope that Facebook will make the Oculus Rift even better, because let’s face it, virtual reality is the next big thing.

What do you think? Was this a smart move from Facebook?