Facebook Acquires Oculus VR

Oculus VR® was founded by Palmer Luckey, self-described virtual reality enthusiast and hardware geek. The company launched a Kickstarter campaign to help fund development of their first product, the Oculus Rift, a ground-breaking virtual reality headset for immersive gaming. 

With the support of top video game companies including Valve, Epic Games and Unity, the Kickstarter was an enormous success, raising over $2.4 million in funding from project backers and supporters around the world.

The news on ground is that Facebook is buying Oculus VR, a startup that makes virtual reality headsets, in a $2 billion deal.
Oculus doesn't make a consumer product yet, but its headset called the Oculus Rift for video game developers has completely changed the way many feel about video games.

The device is nearly impossible to describe. It makes you feel like you're truly immersed in a virtual environment. It's one of those things you have to try to fully understand. And we guarantee it'll blow your mind.

Console gaming companies have sensed the threat of Oculus, which is why Sony announced a similar headset for its new PlayStation 4 gaming console. However, it's unclear when Sony's headset will launch.

The question now is: why would Facebook buy a video game hardware company?

According to a statement from CEO Mark Zuckerberg, the company plans to expand Oculus beyond gaming:

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.

Mark Zuckerberg also made this announcement on his Facebook page, click the link below to read...
https://www.facebook.com/zuck/posts/10101319050523971


Sources include Mashable, Facebook, Business Insider and Forbes