When Did Facebook Buy Oculus Online

of Facebook common stock, then valued at about $1.6 billion .

An additional "earn-out" in cash and stock if Oculus met certain performance milestones. Strategic Context when did facebook buy oculus

on , for approximately $2 billion . The transaction was officially finalized and closed on July 21, 2014 . Deal Structure The roughly $2 billion deal consisted of: $400 million in cash. of Facebook common stock, then valued at about $1