Facebook is making a $2bn bet that virtual reality headsets will be the next big social platform after computers and smartphones, with the sudden acquisition of Oculus VR.
The deal marks an unexpected move by the world’s largest social network into the hardware business, at a time when arch-rival Google is investing in robots, its own Google Glass headset and other long-term ventures.
Founded by 21-year-old Palmer Luckey in 2012, Oculus has not yet released a final version of its virtual-reality headset to consumers but has sold 75,000 devices to games developers.
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