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Facebook buys Oculus for $2 billion, brings the virtual world to everyone

Facebook buys Oculus for $2 billion, brings the virtual world to everyone

The social networking giant, Facebook has already made public its plan to acquire the creator of the "virtual world" Oculus for a staggering amount of 2 billion dollars.

Oculus' famous device, called the Rift (which is worn on the head), is a visual device for playing video games. But Facebook CEO and founder Mark Zuckerberg said the social network has big plans for the device.

Oculus was founded in 2012 by Palmer Luckey, now 21, who was homeschooled and got his first experience with technology by repairing old iPhones. He later worked as an engineer at the University of Southern California's Institute for Creative Technologies.

Just minutes after the official announcement, Oculus founder Palmer Luckey gave his perspective on the sale of his business to Facebook.


"When Facebook first offered us a partnership, I was a little skeptical. However, as I became more familiar with Facebook's vision and after talking with Mark, the partnership between us made sense, because the goal was to offer virtual reality to everyone," said Luckey.

Luckey praised Facebook's commitment to open hardware and software and its investment in the Open Compute Project, saying that "the partnership allows them to execute some of the most creative ideas, taking new risks that without the help and Facebook would be impossible."

The founder of Oculus has said that the acquisition of the company by Facebook will change the company very little, as is the case with the famous application WhatsApp.

In his description of Oculus, Luckey said that the partnership with Facebook will bring the virtual world to everyone, and that the way people play games will change forever.

The first reaction after Facebook's acquisition of Oculus VR has come from Minecraft game creator Markus Persson who has said that he has cut off all possible deals for the Oculus Rift version of the game, precisely because Facebook will now be the new owner of the company that brings virtual reality.

Describing his decision, Persson said that "Facebook drives me crazy". / Telegraph /