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Oculus VR Join Facebook

The creators of the Oculus Rift have decided to join Facebook to deliver their reality of affordable and incredible virtual reality to the world as we know it. According to the announcement the acquisition of Oculus VR is a $2 billion deal, $400 million in cash and 23.1 million shares of Facebook stock. Initials thoughts of virtual reality might not start with Facebook as an obvious choice but Oculus VR believe Facebook can help shape the future of its product.

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.

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