Facebook Set To Buy Oculus Rift

Social networking giant Facebook has made quite the unexpected announcement today; it’s buying Oculus Rift. For $2 billion.

oculus-rift-kickstarter

“Mobile is the platform of today, and now we’re also getting ready for the platforms of tomorrow,” Facebook founder and CEO Mark Zuckerberg told Kotaku in a statement this afternoon.

“Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate.”

FB

Oculus also commented on the purchase with co-founder Brendan Iribe explaining how Oculus is “excited to work with Mark and the Facebook team to deliver the very best virtual reality platform in the world. We believe virtual reality will be heavily defined by social experiences that connect people in magical, new ways. It is a transformative and disruptive technology, that enables the world to experience the impossible, and it’s only just the beginning.”

Last month Oculus announced it would be halting the development of its headset after a key component needed to make the headset ceased production at the manufacturers. Perhaps with Facebook onboard, production can get back on track.

George Sinclair is the Chief News Editor for Analog Addiction, the home of the latest news, reviews and previews. You can find George on Twitter but you should be sure to follow the OFFICIAL Analog Addiction Twitter as well!

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One thought on “Facebook Set To Buy Oculus Rift

  1. Pingback: John Carmack Accused Of Stealing Id’s Software | Analog Addiction

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