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Re: avocado post# 36110

Wednesday, 04/23/2014 11:33:32 AM

Wednesday, April 23, 2014 11:33:32 AM

Post# of 53702
A 20c buyout would cost $32M. Such a drop in the bucket in comparison to Facebook’s $2 billion acquisition of Oculus VR. Technology from a company that's losing money and in which Virtra proved 10 years ago customers did not like or want a head-mounted display.
(FYI, $2B is 62 times $32M)

"Facebook’s $2 billion acquisition of Oculus VR is just one sign of the growing business thirst for using virtual reality technology to change ways of working and improve customer experiences."

http://www.forbes.com/sites/leoking/2014/03/30/facebook-oculus-and-businesses-thirst-for-virtual-reality/

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