In a stunning move, Facebook has announced plans to purchase Oculus VR for around $2 billion dollars in cash and stock ($400 million in cash and 23.1 million Facebook shares). There are also bonuses in the deal that could increase the value of the deal if the Oculus meets certain milestones. Zuckerberg, Facebook CEO, states the the initial focus of the Oculus Rift will be gaming, but the company will eventually expand the headset into different areas.

“After games, we’re going to make Oculus a platform for many other experiences. Imagine enjoying a court side 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,” he says. “This is really a new communication platform. By feeling truly present, you can share unbounded spaces and experiences with the people in your life. Imagine sharing not just moments with your friends online, but entire experiences and adventures.”

So what do you think of the news, are you into the Oculus Rift being a new lifestyle device or should the Rift be left for gaming?

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About The Author

Joe Marchese is the founder / Editor in Chief of New Gamer Nation. He has been a gamer for his whole life but has been focusing on his passion to deliver the industry's new to New Gamer Nation. He is an expert of video game culture and has been featured on Fox News Online. Don't be shy to reach out and let him know what you think!