Google Facebook acquires Oculus for $2 billion | Techs On Fingertips

Facebook acquires Oculus for $2 billion

Facebook sees the long run — a three-D virtual world wherever you're feeling as if you're hanging out together with your friends instead of gazing their footage.

To fulfill that vision, the corporate proclaimed on Tues that it had reached a $2 billion agreement to shop for eye VR, the maker of a video game telephone receiver. It’s a bet that a technology normally related to fantasy will facilitate eventually flip social networking into AN immersive, three-D expertise.Virtual reality technologies offer folks the illusion that they're physically gift during a digital world.
Mark Zuckerberg, a co-founder and therefore the chief govt of Facebook, aforementioned the deal mirrored his belief that video game may well be future massive computing platform once mobile, a technology the corporate has spent most of the last many years adapting to, for the foremost half with success. Facebook’s deal came as a surprise, as a result of eye, alittle start-up that has not nonetheless shipped a product to the broader public, is functioning on what some reckon a distinct segment technology aimed toward hard-core computer game players.


Mr. Zuckerberg, though, aforementioned Facebook had a lot of larger plans for its acquisition. “Imagine enjoying a courtside seat at a game, finding out during a room of scholars and lecturers everywhere the planet or consulting with a doctor face to face — simply by golf shot on glasses in your home,” Mr. Zuckerberg wrote during a post on Facebook.

With the deal, Facebook is that the latest geographical area company to speculate in wearable hardware that reimagines however folks can someday move with data and different types of content. Google has taken a special approach with Glass, its high-tech  eyewear that overlays maps, messages and different information on a clear lens ahead of people’s eyes, through that they'll still read their surroundings.

The acquisition is one among many bets that Facebook, with regarding one.2 billion users worldwide, is creating in its effort to anticipate the long run and secure its dominance of social communication.

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