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U.S. regulators: Facebook is okay to buy Oculus VR

Written by Andre Yoskowitz (Google+) @ 23 Apr 2014 18:31 User comments (1)

U.S. regulators: Facebook is okay to buy Oculus VR A month after announcing its acquisition of virtual reality startup Oculus VR for $2 billion, the deal has been approved by U.S. regulators.
The company makes the Oculus Rift virtual reality headset which has just been sent out to developers and is ushering in a new generation of gaming.

Both the FTC and the U.S. Department of Justice approved the deal, which was not expected to have any regulatory hurdles.

The social networking giant purchased the company for mostly stock, just after purchasing giant instant messaging service Whatsapp for $19 billion.

Source:
Reuters

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1 user comment

124.4.2014 23:55

Sit away from the tv kids! But mom, these are meant to be in your face; that's how it works. LOL.

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