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Facebook acquired virtual reality gaming startup Oculus VR Inc for approximately $2 billion, the California-based company announced on Tuesday on its website.
The deal includes $400 million in cash and about $1.6 billion in shares of Facebook common stock, according to the announcement.
“Mobile is the platform of today, and now we’re also getting ready for the platforms of tomorrow,” Facebook founder and Chief Executive Mark Zuckerberg said. “Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate.”
Oculus’ virtual reality head set, the Oculus Rift, has already received 75,000 orders, according to the website. The headset is expected to be out in mid-2014.
Last month Facebook acquired the instant messenger WhatsApp for about $19 billion.
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