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Facebook buys Oculus VR for $2 Billion

Posted: March 26, 2014 at 7:25 pm   /   by   /   comments (0)

Facebook came with a huge acquisition this time – And announced the purchase of Oculus VR for US $2 Billion. Social Media giant stunned the global tech and Social media world after embracing second-acquisition in 5 weeks period.

Facebook looks pretty clear about its intention, and which looks like ‘Influence and allow the people to live, communicate and share with ease‘ …


Photo credit: Oculus VR/Facebook Inc.

On Feb. 19, 2014 Facebook acquired WhatsApp for US $19 billion – Now when Facebook owner Mark Zuckerberg controls a huge portion of world social media and communication, he doesn’t look to stop and stay calm with his big dreams – Zuckerberg already own Instagram and WhatsApp, certainly the most hottest mobile and social media platforms of this age, and now sneaking into the future.

Future is ahead for sure – Its not without Facebook, and its subsidiaries – Facebook has been quite impressive with the way its helping us in communicating, making our identities socially& globally and communicating with friends and family everywhere in the world.

Now what’s next?

Facebook’s Oculus VR acquisition shows how much Facebook CEO enthusiast about Social Media, Tech and their future – Certainly he doesn’t want Facebook (or its influenced or owned companies) to stay away from generations from now on. Facebook announced the acquisition of Oculus VR by Facebook Inc. on March 25, 2014 … (see this)

Well, Oculus VR Inc. has been the leader in virtual reality technology being the maker of Oculus Rift which is an upcoming gaming-tech and virtual reality head-mounted display gadget. Agreement of Oculus VR purchase was announced as $400 million in cash and 23.1 million shares valued at $1.6 billion ‘according to the news update of Facebook’…

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Hassaan Khan

Hassaan Khan is a Blogger and Content Creator. He contributes to various blogs and helps Companies with their Content Strategy development and Content Creation.

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