That was my thought as well. Just like Microsoft long ago diversified into hardware and services, and Google is doing Calico, self-driving cars, etc. FB sees va

That was my thought as well. Just like Microsoft long ago diversified into hardware and services, and Google is doing Calico, self-driving cars, etc. FB sees value in the diversification strategy. I'm doubting they'll be doing Facebook logins or "post to your timeline" stuff with this anytime soon, if ever. Facebook is trying to get more fingers in more pies, which makes perfect sense. As far as Oculus goes, this probably takes a whole heap of pressure off of them. Now they can act like one of the units of Bell, and just work on the thing, rather than worrying about pleasing investors or turning a profit anytime soon. Assuming FB doesn't do anything crazy, this will only help them and the tech. Edit: the thing that should be worrying both companies is the potential developer backlash. Not everyone loves FB, as the comments here attest. Perhaps an investment rather than an acquisition would have stirred up less vitriol.