Devices > Wearables Blog

Facebook acquisition of Oculus a positive development for wearables

by Neil Mawston | Mar 26, 2014

Facebook - the social networking giant - is acquiring Oculus VR - a specialist in consumer virtual reality (VR) technology.  According to Strategy Analytics' WDE service the overlap may not seem obvious at first, but initially the acquisition is expected to focus on VR gaming, with Facebook looking to build on its position as a leading casual and social gaming platform.

Further down the line, however, Oculus headsets may be used to enhance the Facebook experience by creating virtual environments in which users can carry out their social activities and even further down the line this acquisition may be viewed as a direct response to Google Glass, with the potential for a Facebook augmented reality platform.

All of this would appear to be good news for the wearable device market, with leading platforms looking to augment their user experience through sensors, displays and other supplementary technology worn about the person. The more companies like Facebook, Google, Apple and Microsoft continue to invest in this kind of technology, the more demand there is likely to be for wearables.

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