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Facebook to Buy Oculus Virtual Reality Company for $2 Billion USD

With yet another acquisition early on this year, Facebook has announced its plan to buy

With yet another acquisition early on this year, Facebook has announced its plan to buy California-based tech company Oculus Virtual Reality for approximately $2 billion USD. Oculus VR is known for its gaming headset entitled the Oculus Rift as well as a number of other tech-related products. Facebook founder Mark Zuckerberg stated that it is companies like Oculus VR that ”change the way we work, play and communicate” and thus he will offer $400 million USD in cash, and 23 million Facebook shares valued at $1.6 billion USD.

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