Facebook fork over $2 billion for virtual reality company Oculus Rift 7 years ago

Facebook fork over $2 billion for virtual reality company Oculus Rift

The company behind the Oculus Rift virtual reality headset have been bought over...by Facebook

If there's one thing that we've learned in the last year or so, it's that Mark Zuckerberg and Facebook have got some serious dough. They've got moola, clams, samolians, dank, dolla billz, call it whatever you want, in any language it spells mazuma in the bank.


They splashed it around when they were buying up Whatsapp just a few short weeks ago, but they're happy to splash it again today as it was announced that they have acquired Oculus Rift, a company that makes virtual reality headsets for gaming, for $2 billion.

Last week Sony announced that they were building Project Morpheus for the PS4, but there will be some serious competition for them now, although we'll have to see who the company aligns itself with in the gaming world, or if they choose to offer it across all platforms.


For now, Zuckerberg said in his statement that gaming is where this will prove most useful, but that's just the start. "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."

Microsoft may have to react soon with two big companies entering the VR market, but there is certainly going to be some interesting comings and goings in the next few days as Oculus Rift news starts making waves.