Facebook Acquires Virtual Reality Company Oculus for $2 Billion

Could virtual reality be the next big thing? Facebook’s Mark Zuckerberg seems to think so. Aiming to build the communications platforms of the future, Facebook recently acquired virtual reality company Oculus for $2 billion. The deal includes $400 million in cash, 23.1 million shares of Facebook common stock and the opportunity for Oculus to earn… Continue reading Facebook Acquires Virtual Reality Company Oculus for $2 Billion