6 ms·

Couldn't turn down $2 billion :)

• adamnemecek 12y ago
  Are you guessing the price or did you read it somewhere?
  • objclxt 12y ago
    TechCrunch are reporting $2 billion, of which $400 million was cash: http://techcrunch.com/2014/03/25/facebook-to-buy-oculus-vr-maker-of-the-rift-headset-for-around-2b-in-cash-and-stock/ http://techcrunch.com/2014/03/25/facebook-to-buy-oculus-vr-m...
  • nhm 12y ago
    "... for a total of approximately $2 billion. This includes $400 million in cash and 23.1 million shares of Facebook common stock (valued at $1.6 billion based on the average closing price of the 20 trading days preceding March 21, 2014 of $69.35 per share). The agreement also provides for an additional $300 million earn-out in cash and stock based on the achievement of certain milestones." http://www.prnewswire.com/news-releases/facebook-to-acquire-oculus-252328061.html http://www.prnewswire.com/news-releases/facebook-to-acquire-...
  • techwatching 12y ago
    Widely reported... http://techwatching.com/page.php?i=25236 http://techwatching.com/page.php?i=25236
• baby 12y ago
  And free publicity, now everyone is gonna hear about Oculus. This is truly a good news, I don't see why people are so eager to hate on this acquisition.