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Forums - PC Discussion - Facebook to acquire Oculus Rift for $2 billion

At first I was "fucking no... joke... early april fool" but I don't know anymore.

"MENLO PARK, Calif., March 25, 2014 /PRNewswire/ -- Facebook today announced that it has reached a definitive agreement to acquire Oculus VR, Inc., the leader in immersive virtual reality technology, for a total of approximately $2 billion. This includes $400 million in cash and 23.1 million shares of Facebook common stock (valued at $1.6 billion based on the average closing price of the 20 trading days preceding March 21, 2014 of $69.35 per share). The agreement also provides for an additional $300 million earn-out in cash and stock based on the achievement of certain milestones."

http://www.prnewswire.com/news-releases/facebook-to-acquire-oculus-252328061.html



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I'm late... move the discussion for this thread: http://gamrconnect.vgchartz.com/thread.php?id=180744

Mods... lock this one please.