Facebook Inc acquires Oculus Rift

Facebook Inc acquires Oculus Rift

Facebook Inc. acquires leading virtual reality technology Oculus Rift for $2 Billion. Facebook’s cash-and-stock deal includes $400 million in cash and 23.1 million Facebook shares, valued at $1.6 billion. “Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate,” says Mark Zuckerberg. Facebook views the…

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