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Facebook and Mark Zuckerberg's Acquisition of Oculus
Facebook acquired Oculus for 2.3 billion in total of which interestingly only 400 million in cash 1.6 billion in Facebook stock and then there was an additional earn out of 300 million. This is similar to the Instagram deal and the failed snapchat deal from the year before and WhatsApp this is you know sort of cementing Facebook and Mark Zuckerberg's reputation as a very aggressive acquirer.