All Posts Tagged Tag: ‘acquisitions ftc’

Facebook/Oculus Deal Gets FTC Approval

The Federal Trade Commission has given the thumbs up to the $2 billion deal which sees social media giant Facebook acquiring nascent virtual reality company Oculus VR. The U.S. regulatory agency granted the transaction, clearing it of any possible antitrust concerns. Facebook announced their intentions to purchase Oculus VR, makers of the Oculus Rift virtual reality headset, late last month. …

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