By — News Desk News Desk Leave your feedback Share Copy URL https://www.pbs.org/newshour/nation/facebook-buys-virtual-reality-company-oculus-2-billion Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Facebook buys virtual reality company Oculus for $2 billion Nation Mar 25, 2014 6:45 PM EDT Facebook has agreed to buy virtual reality company Oculus for $2 billion. Facebook Inc. said Tuesday that the deal includes $400 million in cash and 23.1 million shares worth about $1.6 billion. In February the company announced it would pay $19 billion for WhatsApp, a messaging application and service. In 2013, PBS NewsHour economics correspondent Paul Solman gave the virtual reality equipment a test drive. Watch that report below: We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now By — News Desk News Desk
Facebook has agreed to buy virtual reality company Oculus for $2 billion. Facebook Inc. said Tuesday that the deal includes $400 million in cash and 23.1 million shares worth about $1.6 billion. In February the company announced it would pay $19 billion for WhatsApp, a messaging application and service. In 2013, PBS NewsHour economics correspondent Paul Solman gave the virtual reality equipment a test drive. Watch that report below: We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now