What Zuckerberg Sees in Oculus Rift

Facebook acquired Oculus Rift because it believes virtual reality could be the next big thing after mobile.

Facebook moved quickly to acquire Oculus VRcreator of the forthcoming Oculus Rift virtual reality headsetfor approximately $2 billion. Discussions between the two companies opened less than two weeks ago, according to Oculus VRs CEO Brendan Irebe. We locked ourselves in the Facebook HQ and just got the deal done really fast, Irebe told the Wall Street Journal. We dont want to disrupt the team and go through months of negotiations.