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Facebook snaps up Oculus Rift VR platform for $2bn

on Mar 26, 2014 | 0 comments

By John Glenday

Facebook has continued its spending spree by splashing out $2bn on the acquisition of Oculus, a VR platform which has been making waves with its Oculus Rift headset.

The move is set to shift the gaming-centric nature of the device toward that of a multimedia hub – with support for communications, media, entertainment (and of course Facebook) all built in.

Commenting on his new toy, Zuckerberg said: “After games, we’re going to make Oculus a platform for many other experiences. Imagine enjoying a court side seat at a game, studying in a classroom of students and teachers all over the world Read full story ›

Source: The Drum