Oculus Rift Development Version
This is the Oculus Rift development kit, which is compatible with Valve's just announced SteamVR.
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Facebook acquires Oculus VR for $2 billion

  • Posted byby Jeff Grubb
  • Updated
  • 3 min

Facebook owns your digital social life. Now it’s getting into your simulated life as well.

The social network has just announced that it has acquired Oculus VR, makers of the upcoming Oculus Rift head-mounted virtual-reality display, for $2 billion. That includes $400 million in cash as well as 23.1 million shares in Facebook stock with a current value of $1.6 billion.

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