Oculus VR

Facebook now officially owns Oculus VR

Facebook has been working on a deal to acquire Oculus VR, the company behind the well-known Oculus Rift virtual reality device, and now it seems the two have closed the deal.  A $2 billion acquisition for Facebook, Oculus VR is now vaulted to the forefront of the expanding virtual reality scene throughout the technology world.

In a statement issued by both Facebook and Oculus VR, the companies said, “We’re looking forward to an exciting future together, building the next computing platform and reimagining the way people communicate.”

Oculus VR and Facebook announced the plans of the deal back in March, following the Game Developers Conference.  Since then, Oculus has been expanding exponentially.  Former THQ president, Jason Rubin, and Steam big wig Jason Holtman were brought on board the company.

In September, Oculus will hold its first virtual reality summit.

While virtual reality is still a new field, the competition seems to be increasing by the day.  It has been rumored that a handful of other companies have been working on virtual reality headsets and devices to make sure they don’t miss out on the opportunity.

Facebook getting in on the action and acquiring Oculus VR suggests that there is some serious firepower behind the expansion of the technology.  However, the one thing that has yet to be test, is this something consumers really want?

On top of that notion, another important question is, when will virtual reality devices actually be made available for consumers to take home?  Both of those topics are key issues facing the technology today, and their answers will cement the future growth of the industry.

Tags: Facebook Gaming Oculus Vr Technology

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