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Facebook buying Oculus for $2 billion

Since last year, Facebook is busy shopping and is having a great shopping time. Facebook bought Whatsapp messenger for $19 billion and now its Oculus. The integration between Oculus and the Xbox One have been a muh desired feature to most. Users badly wanted Oculus to become a part of Microsoft but unfortunately Mark Zuckerberg disappointed them. Facebook just bought Oculus. Last year Facebook also picked up Instagram for $1 billion. Now Oculus is joining the stable in Menlo Park for $2 billion.

Facebook buying Oculus for $2 billion

The Oculus team thinks that Facebook shares the same goal of creating the best virtual reality platform in the world just like itself. The Oculus team said “At first glance, it might not seem obvious why Oculus is partnering with Facebook, a company focused on connecting people, investing in internet access for the world and pushing an open computing platform. But when you consider it more carefully, we’re culturally aligned with a focus on innovating and hiring the best and brightest; we believe communication drives new platforms; we want to contribute to a more open, connected world; and we both see virtual reality as the next step.”

Most important, Facebook understands the potential for VR. Mark and his team share our vision for virtual reality’s potential to transform the way we learn, share, play, and communicate. Facebook is a company that believes that anything is possible with the right group of people, and we couldn’t agree more.”

Facebook CEO Mark Zuckerberg said “Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate”. Facebook says that Oculus will remain headquartered in Irvine and will continue developing the Oculus Rift platform. Zuckerberg also said that buying Oculus was a way of investing in the best and brightest players in computing. He said Oculus is “years ahead in terms of technology” but that “all the best and brightest in the space already work there.”

Facebook buying Oculus for $2 billion - Last modify: March 28th, 2014, Author: Anik
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Anik is a Software Engineer by profession. He loves to spend a lot of time testing and reviewing the latest gadgets and software. He likes all things tech and his passion for smartphones is only matched by his passion for Sci-Fi TV Series.

 
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