Facebook Acquires Oculus, Oculus Rift Minecraft Cancelled

Facebook has acquired Oculus, paying a reported $2 billion for the virtual reality startup, which Forbes says is $400 million in cash and 23.1 million shares of Facebook stock, and the deal includes another potential $300 in incentives. "Mobile is the platform of today, and now we’re also getting ready for the platforms of tomorrow," Facebook founder 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." There's some immediate fallout from this as Markus "notch" Persson tweets (thanks nin via Joystiq) that this has ended the possibility of an Oculus version of Minecraft: "We were in talks about maybe bringing a version of Minecraft to Oculus. I just cancelled that deal. Facebook creeps me out."
View : : :
135.
 
Re: Facebook Acquires Oculus, Oculus Rift Minecraft Cancelled
Mar 26, 2014, 10:53
Beamer
 
Re: Facebook Acquires Oculus, Oculus Rift Minecraft Cancelled Mar 26, 2014, 10:53
Mar 26, 2014, 10:53
 Beamer
 
I'm surprised at how many people are going "well, people always thought Google would be a Search company!"

Google hasn't made many multi-billion dollar deals for something that seems like nothing. The closest would be Motorola, but even that was more for patents (which didn't end up worth anything.)

OR, which was sold for shockingly close to Motorola, has a fraction of the employees (all of which now have financial incentive to leave as soon as their shares vest), has never released anything, and is working in a field where there's no real differentiator that makes them special. The only single thing I can think of that makes them different than whomever jumps into VR next is that they did it first.
First mover advantage is a real thing, but not a $2 billion thing. I really fail to see why Facebook couldn't do what OR did and hire 10 people do make this product for them for 1/20th the cost. Other than the obvious, that the type of people that want VR headsets is currently a niche group that overlaps strongly with the type of people that would actively avoid buying a FB product if an alternative exists.
Date
Subject
Author
53.
Mar 25, 2014Mar 25 2014
47.
Mar 25, 2014Mar 25 2014
155.
Mar 26, 2014Mar 26 2014
156.
Mar 26, 2014Mar 26 2014
157.
Mar 26, 2014Mar 26 2014
159.
Mar 26, 2014Mar 26 2014
160.
Mar 26, 2014Mar 26 2014
161.
Mar 26, 2014Mar 26 2014
112.
Mar 26, 2014Mar 26 2014
113.
Mar 26, 2014Mar 26 2014
114.
Mar 26, 2014Mar 26 2014
80.
Mar 26, 2014Mar 26 2014
81.
Mar 26, 2014Mar 26 2014
82.
Mar 26, 2014Mar 26 2014
83.
Mar 26, 2014Mar 26 2014
87.
Mar 26, 2014Mar 26 2014
 135.
Mar 26, 2014Mar 26 2014
 Re: Facebook Acquires Oculus, Oculus Rift Minecraft Cancelled