Facebook wants to acquire Beat Games, the developers of a thrilling and exciting virtual reality game, Beat Saber for an undisclosed fee.
The Details: Under this new acquisition, Beat Games will be provided with the opportunity to operate independently, but will still be a part of Facebook-owned Oculus studios, according to Channels Television.
The acquisition is coming at a time when Oculus needs a perfect content strategy for its virtual reality headsets, which it is naturally known for.
Why Beat Games? Explaining why Beat Games was acquired, Oculus director of augmented and virtual reality content, Mike Verdu, said they chose to partner with a successful firm to offer more resources to grow beyond what was obtainable in VR, games, and music.
“Beat Games is joining us in our quest to bring VR to more people around the world,” Verdu said.
“Beat Games’ accomplishments are already impressive, but Facebook and the Beat Games team know that there is so much more that can be done across VR, games, and music,” he added.
What you should know: Facebook’s Oculus is a virtual-reality goggle that will work with your gaming desktop or laptop while Beat Saber is a virtual game, where players use lightsabers to slash oncoming, large cubes to the beat of music, sometimes twisting or ducking to avoid oncoming walls.
Verdu noted that the acquisition would provide more value to Beat Games.
“With the resources and know-how that we can offer, Beat Games will be able to accelerate, adding more music and more exciting features to ‘Beat Saber’ as well as bringing the game to more people,” Verdu said.
What is in it for Facebook: Facebook is willing to ride on the success of Beat Games. This is after trying hard to get Virtual reality content and paying hard through their noses for it. While they promised to allow Beat Games thrive on its own with additional resources, we cannot rule out the fact Beat Games sold out over one million copies of the game, hence the attraction. The acquisition allows Facebook to expand without bothering about profitability.
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About Beat Games: Beat Games is a strong team with proven potential across VR, games, and music. With the resources and know-how that it can offer, Beat Games will be able to accelerate, adding more music and more exciting features to Beat Saber as well as bringing the game to more people.