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Oculus VR acquired by Facebook

Discussion in 'General chit chat' started by PandaMan, Mar 26, 2014.

  1. PandaMan

    PandaMan Busy Member

    Likes Received:
    Letchworth, Hertfordshire
    I don't know how many of you here will care, but I just thought I'd try and start a discussion about the recent purchase of Oculus VR by Facebook for $2 billion.
    If you're not aware, Oculus VR is a company that's trying (fairly successfully so far) to make an advanced virtual reality headset

    Facebook is not a very popular company any more, and the deal has caused a lot of controversy amongst Oculus supporters. Many people, who funded the kickstarter (including Notch from Mojang (minecraft developers)) feel slightly betrayed because they've sold out to FB.
    FB and Oculus VR have both said that they will still work independently, and that FB will not cause any unwanted changes... but how do we know this? All we have is their word. What if one day you have to log in to FB to use it or there are adverts placed at the edges of games, etc? This is the kind of thing that would fit FB's behaviour - obligatory logins and excessive advertising.

    Maybe it's all been blown out of proportion because people dislike FB so much... I don't know. I'm not sure I could turn down $2bn...
    The short term benefits are obvious though - they now have MUCH more money resources to produce a consumer grade product more quickly.

    Short term, fine. This deal is a good thing. In the long term, however, who knows what FB will decide to do? They do own the company... what's to say they don't just fire the staff and have their way with it?
  2. Dan77k

    Dan77k Donator

    Likes Received:
    Now that FB is public and cash rich, it needs to make acquisitions that might bring in more cash. Its popularity is on the way down so from a business perspective it's probably a smart move - if the tech is "affordable" and goes mainstream.

    I can think of many possibilities. Not just games but possibly medical applications too. They can already operate on patients with robots from the other side of the world. Imagine having a surgeon able to immerse himself (or herself!) in a virtual operating theatre for training. Or military applications. Those are probably where the big bucks will be made. Or it could go the way of 3D tv's. Remember them?

    Meanwhile, King (makers of candy crush saga) floated at $7bn! Not my thing but I guess the investors believe there's money to be made somehow.
    Last edited: Mar 26, 2014
  3. Egg

    Egg Major Poster

    Likes Received:
    Read this earlier and TBH it's shocking. The 2 guys who set up Oculus Rift had/have a very innovative product that - once it came to a release candidate - I had every intention of purchasing for gaming. Now Arsebook's got its talons into it I see soshull meedya Censored being crammed in your face while playing, ruining any immersion there may have been.

    As ever G00gle & Arsebook are right in there, buying up new and emerging tech just so they have the acquisition in their book of assets.

    W@nx! :mad:

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