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March 26, 2014 01:55 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/haPrB3nkbYE/
Facebooks Oculus Buy Signals A Hardware Land Grab, And Company Fit Isnt A Concern
There's a gold rush on, and the people striking it rich are the ones building things -- not apps, not software, but honest-to-goodness hardware, like the Oculus Rift, whose creator, Oculus VR, was just purchased by Facebook for around $2 billion in cash and stock. Earlier today, Intel closed its purchase of wearable health tech maker BASIS, and Google recently bought Nest for $3.2 billion. Google… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/haPrB3nkbYE/
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