(MENAFN) Facebook Inc plans to buy the two-year-old Oculus VR Inc, a maker of virtual-reality glasses for gaming, according to Arabian Business
Facebook will buy Oculus for USD2 billion through its first-ever hardware deal
The purchase shows that Facebook is anticipating the next shift in an evolving technology industry as consumers are growingly abandoning their PCs for smartphones
Facebook's plan came after it believed that wearable devices could represent the next big platform shift
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