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Oculus VR News | March 28, 2024

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Facebook Acquisition of Oculus VR is Now Officially Complete

July 21, 2014 |

In March of this year, Facebook announced plans to acquire Oculus VR for $2 billion. After being approved by the FTC in late April, and recently passing the California Department of Corporations fairness hearing, the Facebook acquisition of Oculus is now officially complete.

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Oculus Plans to Sell Consumer Rift at the ‘Lowest Cost Possible’

June 11, 2014 |

When Facebook announced plans to buy Oculus VR in March for $2 billion, there were many questions raised on how this partnership would ultimately benefit Oculus and the future of VR.

Well, much of those initial concerns are slowly being … Read More

Oculus wants to Build the Largest VR MMO with One Billion People

May 6, 2014 |

When Facebook announced plans to acquire Oculus VR for $2 billion, many fans and early supporters were stunned and initially concerned with the direction the virtual reality startup company was going—however, as the dust begins to settle we start to get … Read More

Oculus VR Responds to ZeniMax Allegations: The Claims are ‘False’

May 5, 2014 |

This morning the battle over the rights to the Oculus Rift VR technology started heating up, as Oculus VR formally responded directly against ZeniMax’s recent claims that former employer and co-founder of id Software, John Carmack had stolen key intellectual … Read More

ZeniMax Accuses John Carmack of Stealing VR Technology for Oculus Rift

May 2, 2014 |

A little more than a month after the announcement of Facebook’s acquisition of Oculus VR for $2 billion sent shock waves throughout the gaming industry, it appears Oculus VR and the social media giant could soon find themselves in court defending over the rights to … Read More

Palmer Luckey Explains Why Oculus Joined Facebook and the Future of VR

April 15, 2014 |

Last month the unexpected announcement of Facebook acquiring Oculus VR for $2 billion sent shock waves throughout the gaming community. Early supporters of the Oculus Rift that initially funded the project on Kickstarter were among the many that expressed their … Read More

Facebook Announces to Buy Oculus VR for $2 Billion

March 25, 2014 |

In a surprising turn of events, Facebook has announced today that it has reached a definitive agreement to acquire Oculus VR, Inc., the company behind the highly-anticipated Oculus Rift virtual reality headset, for approximately $2 billion. This includes $400 million … Read More