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Thread: News - Facebook buys Oculus VR for $2 billion in cash and stocks

  1. #1
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    News - Facebook buys Oculus VR for $2 billion in cash and stocks

    The Oculus Rift developer will receive $400 million in cash and 23.1 million FB shares.
    Read more.

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    Re: News - Facebook buys Oculus VR for $2 billion in cash and stocks

    in related news, development of the game minecraft on oculus rift has been cancelled due to the creator being "creeped out" by facebook's acquisition.
    rofl.

    Career status: still enjoying my new career in DevOps, but it's keeping me busy...

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    Re: News - Facebook buys Oculus VR for $2 billion in cash and stocks

    Well I think it's a good move. OR needs plenty of money behind it if it is to compete with Sony etc. The developers will have the funds they need to produce the kind of product the public want's and hopefully be able to do it within reasonable timescales.

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    Re: News - Facebook buys Oculus VR for $2 billion in cash and stocks

    Quote Originally Posted by hexus View Post
    farmville!

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    Re: News - Facebook buys Oculus VR for $2 billion in cash and stocks

    Go home Facebook you're drunk !

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    Re: News - Facebook buys Oculus VR for $2 billion in cash and stocks

    Shame - an exciting, innovative company on the cutting edge of potentially the next big thing, selling out to Facebook.

    I'm not saying I wouldn't do the same thing if I were in the same situation, but it's still a shame to see.

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    Re: News - Facebook buys Oculus VR for $2 billion in cash and stocks

    It's a very sad day for the future of VR, facebook will completely stifle any development. I can see it now, having to sign into facebook just to use the Oculus, the ad's everywhere, constant feed updates when your trying to play a game and of course every action being monitored and reported to GCHQ / NSA !

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    Re: News - Facebook buys Oculus VR for $2 billion in cash and stocks

    We believe communication drives new platforms; we want to contribute to a more open, connected world
    Then why are they partnering up with a closed in system like facebook?
    I've been hyped over oculus rift and was even considering getting the new hd dev kit, but this is a a bit of news that has changed my mind.

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    Re: News - Facebook buys Oculus VR for $2 billion in cash and stocks

    it feels like Facebook is going on a totally randomized buying spree, much like Google's patenting spree a few months back, just it seems they struck a really raw nerve with this one....

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    Re: News - Facebook buys Oculus VR for $2 billion in cash and stocks

    Well.. this now ends my hopes. Dont use facebook and i certainly wont use it just for OR. Oh well sony here i come. Head mounted 3d display thank you

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    Re: News - Facebook buys Oculus VR for $2 billion in cash and stocks

    Well... Sony just won the VR battle if there was going to be one.

    I imagine this will put a lot of people off quite a bit if not completely, hopefully facebook will try and sell the Oculus fairly cheap to gain traction.

    Was quite interested in the Oculus, so hope they don't kill it.

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    Re: News - Facebook buys Oculus VR for $2 billion in cash and stocks

    Sony isn't going to win any VR war unless they release it for PC, which I cannot see them doing.

    The potential VR market is considerably larger than gaming, even taking consoles into account.
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    Re: News - Facebook buys Oculus VR for $2 billion in cash and stocks

    Booooooooooooooooooooooooooo
    "I want to be young and wild, then I want to be middle aged and rich, then I want to be old and annoy people by pretending that I'm deaf..."

    my Hexus.Trust

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    Re: News - Facebook buys Oculus VR for $2 billion in cash and stocks

    Welp that probably just killed Eve Valkyrie then.

    Zuck needs to <go away>
    Last edited by peterb; 26-03-2014 at 06:25 PM. Reason: language/swear filter

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    Re: News - Facebook buys Oculus VR for $2 billion in cash and stocks

    No one looking forward to Farmville VR Edition then?
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    Re: News - Facebook buys Oculus VR for $2 billion in cash and stocks

    Facebook Rift: All you see are belong to us.

    (Remember to adjust your privacy settings.)

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