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Facebook Closes Oculus Acquisition

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Facebook Closes Oculus Acquisition
[ Business]

Facebook has closed its acquisition of virtual reality technology makers Oculus VR. The deal gained FTC approval in April, and has now completed its final steps.

The Wall Street Journal shares this statement from both companies:

“We’re looking forward to an exciting future together, building the next computing platform and reimagining the way people communicate.”

Here’s what Mark Zuckerberg had to say about the deal back in March:

Last month, Oculus made an acquisition of its own when it bought the team that designed the Xbox 360 controller.

Let Facebook’s great virtual reality experiment begin!

Image via OculusVR.com

Facebook Closes Oculus Acquisition
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