Facebook acquires Oculus VR for 2 Billion

Technology enthusiasts were all in a tizzy today when Mark Zuckerberg announced on Facebook that they’ve agreed to acquire Oculus VR, the creators and developers of the infamous Oculus Rift headset. This is a unexpected turn of events particularly because Palmer Luckey confirmed in an interview earlier this month with James Brightman of GamesIndustry, that he was not interested in selling Oculus VR.

“We want to do things our way. There are certainly people who are interested… but we have a vision for our consumer product and we know that we’re going to be able to pull it off. We don’t want to be assimilated into someone who’s going to have us working on their own product or their own vision of VR – we want to be able to deliver our own vision of what VR is.”

– Luckey in an interview with James Brightman of GamesIndustry

Oculus VR was inherited by Facebook for 2 billion. Apparently, money is a game changer. Mark Zuckerberg made sure to express in his statement that he had no interested in interfering with Oculus VR’s vision and wishes to assist them in their current endeavors. What does Facebook have in store for the Virutal Reality development team? Zuckerbeg described his mission to turn social networking platform into a more intimate and engaging experience.

Will we be able to virtually have conversations face to face with our friends who reside far away? Or be able to virtually visit a cafe and show one another digital pictures of our most recent vacation? What about exchanging a virtual kiss with a loved one in the military? These are the ideas that come to mind when virtual reality and social networking come together.

I can’t wait to see what Facebook and Oculus VR plan to bring to the table!