Facebook buying virtual reality firm Oculus for $2bn

NEW YORK: Facebook said Tuesday it was buying Oculus, a specialist in virtual reality technology, for about $2 billion in cash and shares.Facebook said it would build on OculusĀ“ technology,...

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AFP
Facebook buying virtual reality firm Oculus for $2bn
NEW YORK: Facebook said Tuesday it was buying Oculus, a specialist in virtual reality technology, for about $2 billion in cash and shares.

Facebook said it would build on OculusĀ“ technology, including a virtual reality headset aimed at gamers, seeking to use it in other areas such as communications, education, and entertainment. (AFP)