Facebook Buys Oculus VR, Virtual Reality Goggles Maker for $2B

oculus-vrFacebook has announced that it will acquire Oculus VR, which is a company that makes virtual reality goggles for gaming, at a price of $2 billion.

This acquisition which follows the recently announced high profile acquisition of chatting service WhatsApp by Facebook is another indication of the shift Facebook foresees in technology after users have abandoned PCs for mobiles and tablets in troves.

Facebook’s CEO and founder Mark Zuckerberg has said that virtual reality will be the next big platform. He said:

“The history of our industry is that every 10 or 15 years there’s a new major computing platform, whether it’s the PC, the Web or now mobile. We’re making a long-term bet that immersive, virtual and augmented reality will become a part of people’s daily life.”

However, Zuckerberg made it clear that Facebook was not interested in becoming a hardware manufacturing company in the long run. Oculus will continue working as an independent company from Facebook even after the acquisition but Zuckerberg said that his plans for Oculus were a lot more diverse than just gaming.

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