Wednesday, March 26, 2014

Facebook -$2B, -7% = OculusRift

Facebook shares fall 7% on Oculus deal - latimes.com:
"The reality of Facebook’s $2-billion-plus acquisition of Oculus VR set in on Wall Street on Wednesday, dragging down Facebook shares and the Nasdaq.
Facebook fell nearly 7% to $60.38 "

Oculus technology apparently has a great potential,
and would be a good fit for Microsoft or Sony,
but asking price was probably too much for them...


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