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 © 2026 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

TSBlondieNYC Launches Official Website Through PAYSITE

TSBlondieNYC has launched an official website through PAYSITE.

Akira Rabbit, Jasmine Lotus Lead Latest From TGirls.Porn

Akira Rabbit and Jasmine Lotus star in the latest release from Grooby paysite TGirls.Porn, titled "Solid Platinum Girls."

Lucy Mochi Makes Her TeamSkeet Debut As August's 'AllStar'

Lucy Mochi has made her debut for TeamSkeet alongside multi-XMAs winner Ryan Driller.

Asteria Jade Makes Her Brazzers Debut

Asteria Jade has made her Brazzers debut alongside Addison Vodka and Scott Nails in “Just Rivals.”

Emma Rose Stars in Latest From TransAngels

Multi-XMAs winner Emma Rose stars with Jayden Marcos in the latest release from TransAngels, titled "Hungry for More."

Harry Sparks Releases 'The Girls of Cosplay: The Extended Edition'

Harry Sparks has released an extended edition of his Sparks Entertainment title “The Girls of Cosplay.”

Teasr Launches Live Shopping Platform for Creators and Sexual Wellness Brands

Teasr has officially launched its live-selling and social-shopping platform for wellness brands, creators, educators, and artisans.

JulModels Launches Cross-Paysite Royalty Generation Feature for Performers and Creators

JulModels has introduced JulRoyalty, a feature that allows performers and creators to earn royalties from their existing scenes and clips.

Aleksa Mink Stars in Latest From Reality Kings

Aleksa Mink stars with Kaby Snow in the latest release from Reality Kings, titled "Pitch My Tent."

FSC Hails Members, Allies in SCREEN Act Victory

The Free Speech Coalition (FSC) released a statement today praising its members and allies after a successful lobbying effort to prevent the SCREEN Act, a nationwide age verification bill, from advancing out of the Commerce Committee for a full vote on the Senate floor.

Show More