Meta Platforms: Difference between revisions
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It has owned [[Oculus VR]], the maker of [[Oculus Rift (Platform)|Oculus Rift]] devices, since March 25, 2014, after it purchased Oculus for 2 billion dollars. The deal included 400 million dollars in cash and 23.1 million shares of Facebook stock, valued at 1.6 billion dollars. An additional 300 million dollars were allocated when Facebook reaches certain goals. | It has owned [[Oculus VR]], the maker of [[Oculus Rift (Platform)|Oculus Rift]] devices, since March 25, 2014, after it purchased Oculus for 2 billion dollars. The deal included 400 million dollars in cash and 23.1 million shares of Facebook stock, valued at 1.6 billion dollars. An additional 300 million dollars were allocated when Facebook reaches certain goals. | ||
It is not to be confused with [[Meta]], the company that made the Meta 1 and [[Meta 2]] augmented reality headsets. | |||
In 2021, Mark Zuckerberg rebranded Facebook as Meta Platforms.<ref>https://www.nytimes.com/2021/10/28/technology/facebook-meta-name-change.html</ref> | In 2021, Mark Zuckerberg rebranded Facebook as Meta Platforms.<ref>https://www.nytimes.com/2021/10/28/technology/facebook-meta-name-change.html</ref> | ||