Facebook buying Oculus VR for $2 billionChris Welch is a former senior reviewer who worked at The Verge from 2011 until May 2025. His coverage areas included audio, home theater, smartphones, and more. Facebook plans to purchase Oculus VR, maker of the Oculus Rift virtual reality headset, for $2 billion. The deal is comprised of $400 million in cash and 23.1 million shares of Facebook stock. Facebook announced its surprise purchase via
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