Cut through the jargon and it’s slowly becoming clearer why Facebook decided to acquire virtual reality gaming company Oculus VR for $2 billion.
Shortly after the stock market closed today, the Menlo Park, Calif.-based Facebook said in a statement that it would acquire Oculus VR for $400 million in cash and 23.1 million shares of Facebook stock, seeing it not just as a PC gaming kit but, more importantly, as the next platform in the evolution of computer technology.
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