Facebook to buy tech firm for USD 2 billion

27 March,2014 10:56 AM IST |   |  Agencies

Facebook will acquire US-based virtual reality technology company Oculus for $ 2 billion


California: Facebook will acquire US-based virtual reality technology company Oculus for $ 2 billion.

The acquisition of Oculus, famous for its virtual reality head mounted gaming displays, will give Facebook inroads into immersive gaming, besides, new verticals like media, entertainment and education.

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