Facebook Buys Oculus Rift Maker In Deal That Makes Some Early Oculus Backers Angry

Posted: Mar 26 2014, 2:08pm CDT | by , in News | Technology News

Facebook buys Oculus Rift maker in deal that makes some early Oculus backers angry

Some are very angry at the deal

Facebook has announced a new deal this week that has made some people angry. Facebook and Oculus VR have entered into a deal that will see the social network purchase the Oculus rift virtual reality headset tech and its maker reports the Washington Post.

The purchase price for Oculus VR is said to be about $2 billion. The outcry by people who aren’t fans of Facebook has been loud and some early backers of the headset on Kickstarter are asking for their money back. The Oculus Rift is a virtual reality headset that has some very interesting promise for virtual reality and gaming.

What exactly Facebook plans to do with the company is unknown at this time. I can certainly see Facebook working with developers of some of the games on the social network to make them Oculus Rift compatible. I think that might actually be a good thing. Facebook also has the deep pockets needed to get the Rift on the market ASAP and to buy enough hardware from an OEM to sell the headset at a decent price.

The developer behind Minecraft was in talks to develop a version of the game for the headset and has now backed out. Markus Persson, Minecraft creator, said, "We were in talks about maybe bringing a version of Minecraft to Oculus. I just canceled that deal. Facebook creeps me out."

Do you think this is a good thing or a bad thing?

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Tech and Car expert Shane McGlaun (Google) reports about what's new in these two sectors. His extensive experience in testing cars, computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
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