Oculus VR is officially a part of Facebook.
The social network’s $2 billion acquisition of the virtual-reality startup finally closed today, and the two companies are now one. Oculus VR will continue its work as a separate entity, but it will now also have access to Facebook’s considerable wallet. The two companies will release the consumer version of the Oculus Rift head-mounted display at some point in the next year, and they hope that will usher in the next wave of computing.

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