Analysts are stunned to hear Facebook’s recent acquisition plan. Seems a bit odd to know in the first hand that Facebook is going to acquire a developer of virtual reality technology – Oculus Rift. The question that strikes first is – how a social media company can possibly be benefitted from this new acquisition? Facebook CEO Mark Zuckerberg has confirmed the $2 billion acquisition agreement that soon can be expected to alter social media site user’s experience. Zuckerberg doesn’t reveal anything clearly about that though.
Oculus Rift builds a headset. When users put it on, they enter an unexplainable computer generated virtual world. Users often describe it as a real life experience where they feel like they’re really present in the new environment and can sense the presence of others like them.
Investors trying to find out a rational correlation should take a broad perspective, as there could be much more possibilities than they might even think about. Facebook is a tech company. Right now the company is majorly in helping people build personal connections through its site. However, that doesn’t restrict the possibilities of product diversifications. Facebook might come up with a whole new platform that could use virtual reality technology to help its users have a new experience. Maybe Facebook users will be able to connect to their friends and families in a real like, but much improved virtual world that they’ve only imagined in their dream.
It’s also possible that perhaps Facebook is thinking of using Oculus as a major platform for user communication interface transformation. The virtual reality technology of Oculus might join Facebook and develop an overwhelming gaming platform users haven’t tried before. It’s really hard to think from a tech company’s point of view. As of now, the only official news is the Facebook’s intention of buying the start up. Facebook is going to spend $400 million of cash and use 23.1 shares to confirm the deal. However, critics have stated that Facebook is not going to be solely focused on Oculus Rift at least for three months from now.
The Oculus Rift is demonstrated in the Youtube video underneath: