Oculus Rifting

Facebook bought Oculus Rift

Introduction to the world of Oculus Rift

Oculus Rift was bought by Facebook for 2.1 billion dollars (u.s. currency).

This product was wanted by many for the fact that it will promote business, the main companies that want Oculus Rift are Facebook and Google, but as you can see Facebook won out with a very high bid.

Why Facebook bought Oculus RIft

Facebook wanted a better and possibly a cooler way to game online with their website.

So when Oculus Rift came about it was already a hit with other companies, by then Facebook had other competors like Google.

Facebook is still tempering with this new technology and how it will help them in the future.

Oculus Rift HD version -- Demo, reaction and review from the Game|Life team