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Did Facebook really buy Oculus?

Honored Guest
I keep reading threads on here about facebook already buying them but all the articles i've read say facebook is LOOKING to buy them. I think we need to figure out which one it is and if they're still looking to buy then I think we need to open a partition ASAP against selling. I for one think facebook will destroy Oculus and we need to prevent this from happening. There still might be a window or chance for us to persuade Oculus to not sell especially with all the people that will be cancelling pre orders and future purchases.
Click, like & follow development.

Rising Star
MENLO PARK, Calif., March 25, 2014 /PRNewswire/ -- Facebook today announced that it has reached a definitive agreement to acquire Oculus VR, Inc., the leader in immersive virtual reality technology, for a total of approximately $2 billion. This includes $400 million in cash and 23.1 million shares of Facebook common stock (valued at $1.6 billion based on the average closing price of the 20 trading days preceding March 21, 2014 of $69.35 per share). The agreement also provides for an additional $300 million earn-out in cash and stock based on the achievement of certain milestones.


The transaction is expected to close in the second quarter of 2014.

Honored Guest
I have mixed feelings on this news. I don't want to be constantly linked online. I hate the direction Google is going with one login page for example. I really hope if this happens they can speed up the launch to the consumer version and gain more mainstream demand unlike the 3d tv results.

Honored Guest
Well, the Oculus blog seems pretty categoric