Meta Platforms
From Virtual Reality, Augmented Reality Wiki
| Meta Platforms | |
|---|---|
| Information | |
| Type | Public |
| Industry | Social Networking |
| Founded | Feburary 4, 2004 |
| Founder | Mark Zuckerberg |
| Headquarters | Menlo Park, California, U.S. |
| Website | www.facebook.com |
Facebook is a social networking service founded by Mark Zuckerberg and based in Menlo Park, California.
It has owned Oculus VR, the maker of 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.
