Facebook to buy virtual reality maestro Oculus for $2 billion

Oculus, facebook-oculusthe leader in the new wave of virtual reality headsets, has been purchased by social media giant Facebook.

The $2 billion deal, which is broken into $400 million in cash and $1.6 billion worth of Facebook stock, represents a seismic shift in the gaming space, as the upcoming Oculus Rift has been widely viewed as one of gaming’s most exciting upcoming technologies.

Read more at Yahoo! Games

Advertisements