Facebook Acquires Oculus
Facebook Actually Paid $3B for Oculus, Plans to Invest Billions More Over the Next Decade
January 18, 2017 | FRΛNK R.During yesterday’s court testimony in Dallas, Facebook CEO Mark Zuckerberg revealed details about the company’s acquisition of Oculus in 2014, and as it turns out Facebook actually paid more than the $2 billion price tag that was originally reported.
On … Read More
Oculus Founder Responds to Gamers Concerns After Facebook Buyout
March 27, 2014 | FRΛNK R.The internet has been buzzing with mixed emotions following the unexpected announcement on Tuesday that Facebook had acquired Oculus VR, Inc., for approximately $2 billion in cash and stock.
Much of the negative backlash came from fans and early … Read More