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Facebook buying Oculus VR virtual-reality company for $2 billion

2014-03-26 11:56:03| InfoWorld: Top News

Facebook has reached a surprise deal to buy Oculus VR, developer of the Oculus Rift virtual-reality headset, for about US$2 billion, the social network said Tuesday. The announcement puts Facebook into one of the most-talked-about new markets this year. Sony has also made moves into virtual reality lately, as has Google with its Project Tango.

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