Thursday, March 27, 2014

Tech Article:$2 billion for Oculus? That's cheap!

Facebook's $2 billion purchase of virtual reality gaming company Oculus may seem peculiar and overly expensive, but the deal actually makes a lot of sense for both companies.For Facebook, buying Oculus was an opportunity to expand beyond its core business. Oculus' virtual reality headset is in a growing category of wearable technology that many industry experts expect to be the Next Big Thing. If that pans out, that's $2 billion well spent.     

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