OPINION Please don't screw up a good thing, Facebook
By Lily Prasuethsut
It still hasn't completely sunk in that Facebook bought Oculus, maker of the Oculus Rift VR headset. A social media marriage with virtual reality? It's a head-scratcher that's sure to make the masses furious, confused and compelled to take up arms - meaning we'll probably see a barrage of snarky internet memes for awhile.
The deal struck between the two companies is worth approximately $2 billion,(about £1.2b, AU$2.1b), and an additional $300 million (about £181m, AU$327m) in earn-out cash and stock will be paid if Oculus hits "certain milestones."
Read the whole story here.
Read full article...
What Facebook's Oculus buy means for the leader in VR
- metalqueen
- 3D Angel Eyes (Moderator)
- Posts: 1981
- Joined: Tue Feb 27, 2007 6:31 pm
What Facebook's Oculus buy means for the leader in VR
- Non-profit, non-partisan.
- Features user contributed education sessions, blogs, and content.
- Safe to interact, registration requires formal non-disclosure agreement. Membership list is equally confidential.
- Open to all except press. People can join as individuals or companies.
- People say the industry needs to get together and learn from one another. This is our chance.