Facebook Buys Oculus VR for $2 Billion

SAN FRANCISCO — Facebook believes that virtual reality is the future — and laid down a cool $2 billion to prove it.

Yesterday Facebook announced that it reached a deal to acquire Oculus VR, the creators of the virtual reality headset, Oculus Rift.

While many believed that the Oculus Rift, if viable, would serve as an innovative gaming platform, allowing for a fully immersive 3-D user experience, Facebook’s head honcho Mark Zuckerberg saw a greater potential for the fledgling hardware as social networking tool.

“Imagine enjoying a courtside 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,” Zuckerberg wrote in a post on Facebook.       

Brendan Iribe, co-founder and the chief executive of Oculus VR, added that Facebook members could potentially create 3D avatars and interact with each other in a virtual party-like scenario.

“If you can see somebody else, and your brain believes they’re right in front of you, you get goosebumps,” Iribe told the New York Times. “You start to realize how big this could be.”

Understandably omitted from the discussion is the sexual element. If you can shake hands with an avatar, you can probably have sex with it.   

While Zuckerberg stated that virtual reality could be the preferred interface of tomorrow, and that we are still in a mobile-centric phase, its adoption could revolutionize teledildonics, as well as identity, touch and sexuality, shifting our globally integrated society further into a non/semi/alt-corporeal realm.   

Before the acquisition, several interactive erotic 3D games were being developed for the Oculus Rift, including “Wicked Paradise” and Custom Maid 3D.” It is unclear whether or not those projects will continue, especially given that Facebook's community policies err on the sexually restrictive side.     

Amid that starry-eyed wonder and what-ifs, many critics have injected their bit of cynicism, pointing out that virtual reality has had a stop-and-go "future" for several decades now.

Oculus Rift has shipped about 75,000 of its headsets to game developers, but it has yet to announce a public debut.

According to the New York Times, Facebook is paying $400 million in cash and about $1.6 billion in stock for the company, with up to $300 million more depending on Oculus’s performance.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Anissa Kate, Katie Kush Topline Latest 'Lesbian Anal' From Sweetheart Video

Anissa Kate and Katie Kush headline "Lesbian Anal 8," from Mile High Media studio imprint Sweetheart Video.

Evil Angel Drops Angelo Godshack's 'Squirting Wars'

Evil Angel has released director Angelo Godshack’s “Squirting Wars.”

Red Rose Makes Her WIFEY Debut

Red Rose stars with her husband James and Hollywood Cash in the latest release from Vixen Media Group studio imprint WIFEY.

Better Life Science Joins PASS as New Testing Partner

Performer Availability Screening Services (PASS) has added Better Life Science as a new testing partner.

Sansyl Group Acquires Blue Donkey Media

Sansyl Group, parent company of AdultPrime Network, has acquired Blue Donkey Media B.V., owner of Dutch adult site Meiden van Holland, among several other erotic websites and television channels.

Yakira King, King Noire Star in Latest From TGirls.xxx

Yakira King and King Noire star in the latest release from Grooby paysite TGirls.xxx, titled "Pop the Balloon: Trans Edition."

Pineapple Support to Hold Mental Health Summit

The annual Pineapple Support Mental Health Summit is taking place Dec. 15-17.

Ofcom Fines AVS Group $1.3 Million for AV Noncompliance

U.K. media regulator Ofcom on Wednesday imposed a penalty of one million pounds, or approximately $1.3 million, on AVS Group Ltd. after an investigation concluded that the company had failed to implement robust age checks on 18 adult websites.

Updated: Aylo to Help Test EU Age Verification App

Pornhub parent company Aylo plans to participate in the European Commission’s pilot program for its “white label” age verification app, a spokesperson for the company has confirmed.

Missouri Lawmaker Attempts to Revive 'Health Warnings' for Adult Sites

A Missouri state representative has introduced a bill that would require adult sites to post notices warning users of alleged physical, mental, and social harms associated with pornography, despite a previous federal court ruling against such requirements.

Show More