In what seems like a very surprising move, Facebook has announced that they will be acquiring Oculus VR, the company behind the Oculus Rift virtual reality headset. Based on the deal that Facebook revealed on its website, they will be paying a whopping $2 billion for the company which comprises of $400 in cash and 23.1 million share of Facebook stock (not quite as much as what they paid for WhatsApp, but still a lot of money nonetheless).
According to Facebook’s CEO, Mark Zuckerberg, the reason behind their acquisition is because they believe that the Oculus Rift technology will be able to bring about new experiences that they are hoping to accelerate. “Oculus’s mission is to enable you to experience the impossible. Their technology opens up the possibility of completely new kinds of experiences. Immersive gaming will be the first, and Oculus already has big plans here that won’t be changing and we hope to accelerate.” (more…)
Facebook Acquires Oculus VR For $2 Billion original content from Ubergizmo. 
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