Facebook Buys Oculus VR for $2 Billion

Facebook Founder and CEO Mark Zuckerberg posted this on Facebook

Mark Zuckerberg
1 hr · Palo Alto, CA, United States · 

I’m excited to announce that we’ve agreed to acquire Oculus VR, the leader in virtual reality technology.

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Who are Oculus VR

Oculus VR® was founded by Palmer Luckey, self-described virtual reality enthusiast and hardware geek. The company launched a Kickstarter campaign to help fund development of their first product, the Oculus Rift, a ground-breaking virtual reality headset for immersive gaming. With the support of top video game companies including Valve, Epic Games and Unity, the Kickstarter was an enormous success, raising over $2.4 million in funding from project backers and supporters around the world.

The team is currently developing the Oculus Rift in an effort to revolutionize the way people experience interactive content.


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