When Did Facebook Buy Oculus ❲NEWEST❳

Facebook announced its agreement to acquire Go to product viewer dialog for this item.

An additional "earn-out" in cash and stock if Oculus met certain performance milestones. Strategic Context when did facebook buy oculus

At the time of the announcement, Oculus was a 20-month-old startup that had gained fame through a successful Kickstarter campaign for its headset. Mark Zuckerberg described the acquisition as a strategic move to secure the "next major computing platform" after mobile, envisioning virtual reality as a future social and communication hub. Facebook to Acquire Oculus - About Meta Facebook announced its agreement to acquire Go to

of Facebook common stock, then valued at about $1.6 billion . when did facebook buy oculus