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Facebook To Buy Oculus Rift For $2 Billion

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Posted · Original PosterOP

Facebook today announced that it has reached a definitive agreement to acquire Oculus VR, Inc., the leader in immersive virtual reality technology, for a total of approximately $2 billion. This includes $400 million in cash and 23.1 million shares of Facebook common stock (valued at $1.6 billion based on the average closing price of the 20 trading days preceding March 21, 2014 of $69.35 per share).  The agreement also provides for an additional $300 million earn-out in cash and stock based on the achievement of certain milestones.


Read more: http://www.businessinsider.com/facebook-to-buy-oculus-rift-for-2-billion-2014-3#ixzz2x0quJ3OH


Mark Zuckerberg statement

I'm excited to announce that we've agreed to acquire Oculus VR, the leader in virtual reality technology.
Our mission is to make the world more open and connected. For the past few years, this has mostly meant building mobile apps that help you share with the people you care about. We have a lot more to do on mobile, but at this point we feel we're in a position where we can start focusing on what platforms will come next to enable even more useful, entertaining and personal experiences.
This is where Oculus comes in. They build virtual reality technology, like the Oculus Rift headset. When you put it on, you enter a completely immersive computer-generated environment, like a game or a movie scene or a place far away. The incredible thing about the technology is that you feel like you're actually present in another place with other people. People who try it say it's different from anything they've ever experienced in their lives.
Oculus's mission is to enable you to experience the impossible. Their technology opens up the possibility of completely new kinds of experiences.
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.
But this is just the start. After games, we're going to make Oculus a platform for many other experiences. Imagine enjoying a court side seat at a game, studying in a classroom of students and teachers all over the world or consulting with a doctor face-to-face -- just by putting on goggles in your home.
This is really a new communication platform. By feeling truly present, you can share unbounded spaces and experiences with the people in your life. Imagine sharing not just moments with your friends online, but entire experiences and adventures.
These are just some of the potential uses. By working with developers and partners across the industry, together we can build many more. One day, we believe this kind of immersive, augmented reality will become a part of daily life for billions of people.
Virtual reality was once the dream of science fiction. But the internet was also once a dream, and so were computers and smartphones. The future is coming and we have a chance to build it together. I can't wait to start working with the whole team at Oculus to bring this future to the world, and to unlock new worlds for all of us.




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oh god no



CPU:Intel Xeon X5660 @ 4.2 GHz RAM:6x2 GB 1600MHz DDR3 MB:Asus P6T Deluxe GPU:Asus GTX 660 TI OC Cooler:Akasa Nero 3

SSD:OCZ Vertex 3 120 GB HDD:2x640 GB WD Black Fans:2xCorsair AF 120 PSU:Seasonic 450 W 80+ Case:Thermaltake Xaser VI MX OS:Windows 10
Speakers:Altec Lansing MX5021 Keyboard:Razer Blackwidow 2013 Mouse:Logitech MX Master Monitor:Dell U2412M Headphones: Logitech G430

Big thanks to Damikiller37 for making me an awesome Intel 4004 out of trixels!

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please no, of all the companies why facebook

Christian and Proud of it

Please read the CoC                                                                                                                                                                                                                              My Build Log 

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i hope facebook doesn't do much and allows it to work independently kind of how Motorola was with Google!


Case & Mobo: Stock Dell Optiplex 7010, CPU: i5 3470, RAM: 16gb 1333 DDR3 (1x8gb Corsair Vengence, 2x4gb Random), GPU: Diamond Radeon HD 7970,

PSU: EVGA GQ 650W, SSD: Kingston v300 128gb (OS), HDD: 700gb Seagate 7200rpm (Storage)

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Oh for F***'s sake!... 

====>The car thread<====>Dark Souls thread<====>Placeholder<====
"Life is like a raging river, Its gonna get rough downstream. And people's gonna piss in it" 

"Who discovered we could get milk from cows, and what did he THINK he was doing at the time?"

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CPU: AMD Threadripper 1920X Motherboard: ASRock X399 Phantom Gaming 6 RAM: Kingston HyperX Predator RGB 32 GB (4x8GB) DDR4 GPU: EVGA GTX1080ti FTW3 SSD: ADATA XPG SX8200 Pro 512 GB NVME | Samsung QVO 1TB SSD  HDD: Seagate Barracuda 2TB | Seagate Barracuda 8TB Case: Phanteks ECLIPSE P600S PSU: Corsair RM850x





I am a gamer, not because I don't have a life, but because I choose to have many.


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Slick... Breathe in Breathe out and Repeat. It will be ok.

Main Rig |  Asus Maximus VIII Hero | Intel 6700k @ 5ghz | Corsair H110i GTX | 16gb Kingston HyperX 2800mhz DDR4 | Corsair hx1000i | Intel 750 400gb NVME 2.5 SSD | 2x 512gb Samsung 840 Pro SSD | 8x 4tb Seagate HDD Synology DS1813+ | BenQ XL2720T | Zowie FK1 | Corsair K70 RGB | Sennheiser HD650 | Mayflower 02DAC and Amp combo | Blue Spark Microphone | Fractal Define S | Asus GTX980ti Strix

Wife's Rig | Asus P8Z77-I Deluxe | Intel 3770k @ 4.8ghz | Corsair H100i 4x sp120 Quiet Edition | 16gb Corsair Dominator Platinum 2400mhz DDR3 | Corsair ax760i | 2x 512gb Samsung 840 Pro SSD | 3x 24" Lenovo 1200p Screens  | Bit Fenix Prodigy 230mm Intake & af140 Exhaust | Gigabyte GTX780

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WTF?! Fuck my life -.-

Gaming HTPC:

R7 1700X@stock - Cryorig C7 - Asus ROG B350-i - Asus GTX 1080 Strix - 16gb G.Skill Ripjaws V 3333mhz - Silverstone SX500-LG - 500gb 960 EVO - Fractal Design Node 202 - Samsung 60KS7090 - Logitech G502 - Thrustmaster T500RS - Noblechairs Icon

Desktop PC:
i7 2600k @stock - H100i GTX - Asus P8Z77-i Deluxe - Asus GTX 1050Ti Strix - 16gb HyperX Fury 1866mhz - EVGA 750G2 - 250gb 840 EVO - 6TB WD My Book Duo (Reds) - Enthoo Evolv ITX - Dell U3415W - Benq XL2411T - Qpad MK-85 Brown - Logitech MX518 - Blue Yeti Platinum - Noblechairs Icon 

Boss-NAS [Build Log]:
R5 2400G - Noctua NH-D14 - Asus Prime X370-Pro - 16gb G.Skill Aegis 3000mhz - Seasonic Focus Platinum 550W - Fractal Design R5* - 
250gb 970 Evo - 2x500gb 860 Evo (Raid0) - 6x4TB WD Red (RaidZ2)


Audio Gear:

Hifiman HE-400i - Kennerton Magister - Beyerdynamic DT880 250Ohm - AKG K7XX - Fostex TH-X00 - O2 Amp/DAC Combo - 
Klipsch RP280F - Klipsch RP160M - Klipsch RP440C - Yamaha RX-V479


Reviews and Stuff:

GTX 780 DCU2 // 8600GTS // Hifiman HE-400i // Kennerton Magister
Folding all the Proteins! // Boincerino

Useful Links:
Do you need an AMP/DAC? // Recommended Audio Gear // PSU Tier List 

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