Facebook Acquires Virtual Reality Headset Oculus

By Staff  |  03/26/2014

Oculus Rift

Facebook announced Tuesday (March 25) that it will acquire Oculus, the manufacturer of the anticipated virtual reality headset Oculus Rift.

The company makes the Rift gaming headset, a 3D headpiece that goes over your eyes and connects to your computer to immerse yourself in a game. Although it's currently available only to developers, it has garnered rave reviews from critics and early adopters. A consumer version is expected later this year.

"Mobile is the platform of today, and now we're also getting ready for the platforms of tomorrow," Facebook founder and CEO Mark Zuckerberg said in a statement. "Oculus has the chance to create the most social platform ever, and change the way we work, play, and communicate."

The acquisition is Facebook's second major purchase of the year, following its massive, $19 billion purchase for social messaging app WhatsApp.