Holy buyout, Batman! The virtual reality company Oculus VR, Inc. was purchased today
by the geniuses at Facebook. The cost? 2 billion dollars. Yes, that’s a 2 followed by a BILLION.
This deal is expected to close in the second quarter of 2014, with $400 million of it in cash and then another 23.1 million shares in Facebook common stocks (which is roughly valued at 1.6 billion when compared to the last month of closings on Wall Street). I still can't get over the “billion” part of that paycheck, as it's such a massive deal and sent ripples through the internet today.
For those of you who haven't heard of the Oculus Rift, it's the future
. Literally. You strap on this headset and a pair of headphones and become a part of whatever it is you're doing. Many, many different companies and military institutions are developing for the Oculus, giving an absolute immersive experience.
Game developers have made some of the most frightening experiences, the military is helping train our warriors for battle without inflicting injury, helping those who are unable to move have the virtual freedom again to explore, and the film industry is using it to revolutionize how films are produced, edited and delivered. There are a million uses for the Oculus and the potential keeps expanding every day.
The first company to back out publicly is the international pixelated addiction, Minecraft, whose creator Markus Persson is wary of Facebook's lack of gaming experience. Citing Oculus Rift's new ties to Facebook, he decided to back out of a development plan. According to Persson, the people at Facebook care more about numbers than ideas and do not currently see themselves meshing well together. While this is sad news because being IN Minecraft would have fans everywhere wetting their pants in happiness, there is an alternative that is separate for the company called Minecrift and you can download here.
As long as the people at Facebook don't decide to randomly change the structure of the Oculus every 2 months (grrr, I like my layout as it is!!) and leave that to it's developers, the future is exceedingly bright for these extraordinary goggles. As a gamer, I'm practically frothing at the mouth for a chance to step into the Rift.
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