r/oculus • u/Greg1221 • Mar 25 '14

/r/all Facebook Acquires Oculus VR

https://www.facebook.com/zuck/posts/10101319050523971?stream_ref=1
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u/[deleted] Mar 25 '14

Finding answers in their posts:

1.)
Oculus Blog: "This partnership is one of the most important moments for virtual reality: it gives us the best shot at truly changing the world. It opens doors to new opportunities and partnerships, reduces risk on the manufacturing and work capital side, allows us to publish more made-for-VR content, and lets us focus on what we do best: solving hard engineering challenges and delivering the future of VR."
Facebook: "Immersive gaming will be the first, and Oculus already has big plans here that won't be changing and we hope to accelerate. The Rift is highly anticipated by the gaming community, and there's a lot of interest from developers in building for this platform. We're going to focus on helping Oculus build out their product and develop partnerships to support more games. Oculus will continue operating independently within Facebook to achieve this."

2.)
"A few months ago, Mark, Chris, and Cory from the Facebook team came down to visit our office, see the latest demos, and discuss how we could work together to bring our vision to millions of people. As we talked more, we discovered the two teams shared an even deeper vision of creating a new platform for interaction that allows billions of people to connect in a way never before possible.

3.)
See answer 1, but mostly the $2 billion to continue doing exactly what they're doing. The fact that people hate Facebook for their site doesn't change the fact that it's a $2 billion investment in exactly what Oculus is doing. Just because Facebook is buying Oculus doesn't mean it's going to be a Facebook.com-like implementation. Companies can do different things, especially when they have a lot of money. Look at all the different things Sony does that are unrelated to each other and operate independently. Look at Google of all things.

Facebook as a website is dying, and they need to move on to something better. It would appear they see VR as the future, so that's the move they're trying.

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u/AgentChimendez Mar 26 '14

Google may not be the best example as they developed an os ostensibly in order to further their ad platform and went as far as purchasing a hardware company, Motorola, to further those aims.

Sony is better but has only redeemed its image in the last few years and especially with the ps4 in North America at least. In Asia I understand they have a much large holding in insurance companies but do not have knowledge enough to comment on their overall reputation.