Facebook has received antitrust clearance from the Federal Trade Commission, for its acquisition of Irvine-based Oculus VR, the FTC said today. Facebook had said it would pay $2 billion for Oculus VR back in March. Oculus VR is a maker of 3D, virtual reality goggles and hardware. Two year old Oculus VR was venture backed by Andreessen Horowitz, Formation 8, Matrix Partners, and Spark Capital.
Top NewsWednesday, April 23, 2014
Facebook Gets Clearance From FTC For Oculus VR Buy