Facebook is set to purchase Oculus for around two billion dollars. What does this exactly mean though?
It was announced yesterday that Facebook has reached an agreement to purchase Oculus VR, the makers of the Oculus Rift headset, for about two billion dollars. Not all in cash mind you. Only $400 million of that will be in "cash" the rest of the $1.6 billion in Facebook stock. That is all upfront as well as $300 million more is offered if Oculus VR can hit certain milestones that are still yet to be defined at the writing of this article.
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