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Facebook now officially owns Oculus VR

Facebook's acquisition of virtual reality company Oculus VR, maker of the Rift headset, officially closed today, according to an update from the two companies.

"We're looking forward to an exciting future together, building the next computing platform and reimagining the way people communicate," Facebook and Oculus said in a joint statement.

In March, Facebook announced its plans to acquire Oculus for $2 billion, including $400 million in cash and 23.1 million shares of stock valued at a total of $1.6 billion.

"Mobile is the platform of today, and now we're also getting ready for the platforms of tomorrow," Mark Zuckerberg, founder and CEO of Facebook, said at the time. "Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate."

The Federal Trade Commission approved the acquisition the following month.

In May, publisher Bethesda Softworks' parent company ZeniMax Media sued Oculus VR, accusing the virtual reality company and founder Palmer Luckey of taking its "intellectual property and commercially exploit[ing] it for their own gain." Former id Software programmer John Carmack, a former ZeniMax employee who aided Luckey in the development of early VR prototypes, now works at Oculus as its chief technology officer. Oculus responded to the allegations by saying ZeniMax "falsely claims ownership in Oculus VR technology in a transparent attempt to take advantage of the Oculus VR sale to Facebook."

Oculus VR is currently in the midst of shipping out its new Rift development kit to the 45,000-plus developers who pre-ordered the new hardware.

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