Facebook buys manufacturer of reality glasses from ...

Facebook buys manufacturer of reality glasses from …

March 26, 2014

Smart glasses

Facebook has announced the purchase of the manufacturer of virtual reality glasses for games, Oculus, for 2 billion dollars.

The initiative marks a new strategic step for the social network, as it is its first hardware offering on the path to moving into rapidly growing portable devices.

Market analysts believe these could represent the next big platform shift, given the rise of mobile systems and the trend for wearables.

via Facebook buys Oculus, a manufacturer of augmented reality glasses.

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