Facebook To Acquire Oculus VR, Games Only The Beginning - HotHardware
Facebook To Acquire Oculus VR, Games Only The Beginning

Facebook To Acquire Oculus VR, Games Only The Beginning

Facebook is snapping up Oculus VR, maker of the hotly-anticipated Oculus Rift virtual reality gaming headset. For those immediately worried that Facebook will ruin Oculus Rift, fear not: Mark Zuckerberg assured the world in a post that not only will Facebook be accelerating the Oculus Rift gaming platform, it will be leveraging Oculus VR’s technology into other spaces, as well.

Zuckerberg calls Oculus VR a communication platform, and he sees the technology expanding in powerful new ways. “After games, we're going to make Oculus a platform for many other experiences. Imagine enjoying a court side seat at a game, studying in a classroom of students and teachers all over the world or consulting with a doctor face-to-face -- just by putting on goggles in your home.”

Oculus Rift

“Virtual reality was once the dream of science fiction,” continued Zuckerberg. “But the internet was also once a dream, and so were computers and smartphones. The future is coming and we have a chance to build it together. I can't wait to start working with the whole team at Oculus to bring this future to the world, and to unlock new worlds for all of us.”

This is a huge development for Oculus VR, as not only will it get the full support (financially and otherwise) from Facebook that it needs to fulfill its wildest ambitions, the company will operate independently within Facebook (and will remain at its Irvine, CA offices), so hopefully all the best parts of the company will remain intact.

Oculus Rift Valve Team Fortress 2

There’s reason for that hope; say what you will about Zuckerberg and his ideas about privacy, social media, and selling user data, but the man is truly a visionary. If any major company was going to acquire Oculus VR, it may as well have been Facebook.

The deal is worth $2 billion, including $400 million in cash, according to a Facebook investors release. The deal should close in Q2 2014.
0
+ -

I'm happy with this as long as its stays relatively open to developers. We want quality software coming from any source for VR. But hopefully this speeds the process, I'd like to get my hands on a consumer version relatively soon.

+1
+ -

Words can't express how much my interest in Oculus just fell.

Wait, yes they can. Zero.

I am no longer interested in this product. And I thought it would reinvent gaming.

0
+ -

Nooooooooooooooooooooooooooooooooooooooooooo

0
+ -

World is ending.

+1
+ -

don't want mine anymore if this is true

+1
+ -

Damn. One of the more innovative pieces of gaming technology flushed right down the toilet.

0
+ -

lol its ruined now

0
+ -

Ol Zucks been on a role. First WhatsApp now this. Everyone is severely hating on the fact the he's bought them like he's going to turn it into VR facebook goggles. I think it's fine. People losing interest just because he's involved is ignorant. Just wanting a reason to complain. Support the project now that it has better funding and resources, don't dump on it because Mark is now involved.

0
+ -

Initially I thought this is gonna suck "because Facebook, that is all.", then I thought "No wait, they may chuck cash at it and make it good sooner" but now I've come full circle, I've thought about it some more and it is purely sucky "because Facebook, that is all."

It's not because of Marky Mark, it's because FBs business is advertising. I don't really expect initially to see streaming ads in-game although I do think that eventually it will happen. I expect more likely they will try and force developers into some sort of game to FB integration. Status updates straight from your OccR and other such nonsense. I expect that, sooner, rather than later, they will mandate game developers require FB login while gaming with the OccR, this would then help bolster their stats as far as Logged In and Active users go (although by how much? - every little bit counts). Remember the IPO and plumeting stock price when people realised only X% of the total FB population was a real person and active.

And lastly, I think they've done it to try and stay relevant with a different crowd, hardcore gamers who maybe didn't spend as much time on FB as they did in-game.

This is all a calculated business move by FB, they wouldn't have done it for the good of gaming, they've done it for the money they anticipate to make from it. They're unlikely to be selling billions of units at a profit so they'll be anticipating other income from the device, and that's not good for the OccR or gaming.

+1
+ -

Yay, now they can beam their stupid ads directly into our eyeballs! So much for wanting one now, they'll figure some way to adify it like everything else they touch, an we're talking about Facebook the company that doesn't listen to consumers and changes things to what they think will be good...yeah screw that.

0
+ -

Waiting for the day when Facebook bites off more than they could chew and ends up bankrupt. Just WAITING...

+1
+ -

NOOOOOOOOOOOOOOOO!!!! This is positively HORRIBLE news! What a waste of a very promising company. I am no longer interested in purchasing this product, looks like I will be backing Sony and their VR push. It is sad to say but I hope Facebook fails with Oculus. Maybe that way another gaming company (Steam?) buys out the tech for pennies on the dollar.

Burn in hell Facebook. Rot Mark Zuckerberg. Fail Oculus.

0
+ -

What!?!? What's is the sole purpose a ''chat-media'' site to destroy something so perfect :(

0
+ -

Well best case scenario another type of virtual reality platform will be made will be made

0
+ -

I absolutely no longer want one of these any more.

Even if Zuck has good intentions, we all know where its headed now.

I hope John Carmack is feeling as stupid as people think he is.

Leaving a leading game dev company to work for Facebook.

What a tool.

0
+ -

Mcaddick; forget Mr Carmack, imagine how Andrew Scott Reisse would feel if he were still alive, may he rest in peace.

0
+ -

Just think.. CandyCrush in VR.. and ADS.. lots of em!  maybe even banner ads while you play games!

 

Angry

0
+ -

To be fair, they didn't do that with Instagram, which seems like it would be perfect for Facebook integration. Also, with how the Oculus works, it's not like they could easily do that anyways. It's just a monitor with headtracking.

0
+ -

We can now pet our pets in Farmville in reality LOL

0
+ -

I want this to just be a means of accelerating and improving the production of the Rift. I can even see that happening.

But it doesn't seem likely.

0
+ -

If this is going thru i will stop haming and will never touch console, computer or any kind of gaming gear anymore.

0
+ -

Prepare to have some kind of unremovable ad delivery system built directly into the goggles.

0
+ -

I got a PS4 and Xbox One, I thought Microsoft seems as they have Kinect would have been the first to adopt this tec, but MS seem to be loosing direction, and you know why? because they are going the same route as this dude, it's all about controlling the living room, Sony on the other hand seem to be taking it in a better direction, though Playstation Live is a bit naughty, I just built a gaming PC and it blows both consoles but I do like console gaming so if it's VR then it will be Sony's I buy until MS pulls their finger out, my Xbox One is devaluing every day due to MS thinking that they can dictate what the consumer wants rather than being arrogant about it all the time.

0
+ -

Microsoft has already been working on a VR device as well as this VR Projection device that extends the view around your room (Illumiroom https://www.youtube.com/watch?v=sJ4hWa6y710) - Just like Sony has now (or will)

The main problem I see with this, is all those people that threw money at the Rift through Kickstarter! They should get a kick back for investing since this would not have gotten anywhere without them (and Im not saying this for myself.. i didnt invest)

 

+2
+ -

This isn't necessarily horrible news, y'all. Being bought up by a huge company like FB isn't sexy, and sure, that tarnishes the image many have of the little company that would reinvent gaming, but 1) Oculus now has all the resources of FB behind it and 2) FB is letting it be independent (for now)...Oculus is even staying in its old offices.

But I don't think this has anything to do with FB as a social media platform, and everything to do with FB as a multi-faceted company in the future. Zuck is smart enough to know that FB as it stands now can't last forever; FB will have to innovate and change to continue its success.

And remember, just because Zuck is a bajillionaire CEO doesn't mean he's no longer a techie at heart, and the Oculus Rift must get his heart a-pumpin'.

Besides...what if this is the beginning of FB competing against MS and Sony for gaming dominance? What a fun three-headed competition that would be...

1 2 Next
Login or Register to Comment
Post a Comment
Username:   Password: