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Acquisitions

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  • Facebook's Zuckerberg thinks in decades: Pro     Wednesday, 26 Mar 2014 | 2:06 PM ET

    Discussing Facebook's decision to purchase virtual reality technology company Oculus for $2 billion, with Mike Isaac, Re/code senior editor.

  • Facebook's Oculus purchase 'brilliant'     Wednesday, 26 Mar 2014 | 1:18 PM ET

    Facebook purchased virtual reality technology company Oculus for $2 billion. Stephan Paterno, Slated CEO & co-founder, says Mark Zuckerberg is making an "offensive bet."

  • Facebook purchases Oculus     Wednesday, 26 Mar 2014 | 1:17 PM ET

    Facebook purchased virtual reality technology company Oculus for $2 billion, reports CNBC's Josh Lipton.

  • Facebook's spending spree     Wednesday, 26 Mar 2014 | 12:15 PM ET

    Facebook purchased virtual reality technology company Oculus for $2 billion just five weeks after announcing a $16 billion deal to buy WhatsApp, reports CNBC's Josh Lipton. The FMHR traders provide perspective.

  • Tech guru 'commends Mark Zuckerberg'     Wednesday, 26 Mar 2014 | 12:15 PM ET

    Facebook acquired virtual reality technology company Oculus for $2 billion. John McDuling of Quartz thinks the Oculus acquisition is more ambitious than the WhatsApp purchase.

  • Facebook buys Oculus for $2 billion     Wednesday, 26 Mar 2014 | 7:06 AM ET

    The social media giant is getting into the virtual reality game, reports CNBC's Jon Fortt with details of the deal and a look at how Oculus works.

  • SAN FRANCISCO, March 25- Facebook Inc will acquire two-year-old Oculus VR Inc, a maker of virtual-reality glasses for gaming, for $2 billion, buying its way into the fast-growing wearable devices arena with its first-ever hardware deal.

  • SAN FRANCISCO, March 25- Facebook Inc will acquire Oculus VR Inc, a maker of virtual-reality glasses, for $2 billion, buying its way into the fast-growing wearable devices arena with its first-ever hardware deal.

  • He said he saw the space as an "arms race" as cyber security players such as Palo Alto, Check Point Software Technologies Ltd and FireEye Inc are all in the process of building out their product wings. Palo Alto and FireEye have been acquiring companies to strengthen their security software offerings.

  • *Hit to Nokia income seen from patent concessions. HELSINKI, March 24- Nokia does not expect to close the sale of its phone business to Microsoft until April as talks with Asian regulators drag on, it said on Monday, fuelling speculation it may have to make technology patent concessions to get the deal done.

  • *Analysts fear concessions affecting Nokia's patent income. HELSINKI, March 24- Nokia does not expect to close the sale of its phone business to Microsoft until April as talks with Asian regulators drag on, it said on Monday, fuelling speculation it may have to make more concessions to get the deal done.

  • TORONTO, March 21- The Canada Pension Plan Investment Board has agreed to buy U.S. life insurance and reinsurance provider Wilton Re Holdings Ltd for $1.8 billion from a group of private equity firms, the first foray by the global dealmaker into the U.S. insurance business.

  • Media General to buy LIN Media for $1.6 billion Friday, 21 Mar 2014 | 10:13 AM ET

    Media General said it would buy LIN Media for $1.6 billion to create a broadcaster reaching nearly a quarter of U.S. households with a television.

  • BlackBerry said the terms of the transaction would only be announced after the principal conditions were satisfied, or waived by the parties acquiring the 3 million square feet of space that also includes vacant lands.

  • March 21- Media General Inc said it would buy LIN Media LLC for $1.6 billion to create a broadcaster reaching nearly a quarter of U.S. households with a television. Media General Chairman Stewart Bryan said the deal would create the second-largest pure-play U.S.

  • TORONTO, March 21- The Canada Pension Plan Investment Board said on Friday it agreed to buy U.S. life insurance and reinsurance provider Wilton Re Holdings Ltd for $1.8 billion from a group of private equity firms, the first foray by the global dealmaker into the U.S. insurance business.

  • WASHINGTON, March 19- Florida and other U.S. states will join the Justice Department in seeking to determine if Comcast's plan to merge with Time Warner Cable is legal under U.S. antitrust law, Florida said in a statement to Reuters. Erin Reece, a spokeswoman for the Indiana attorney general's office, did not indicate if Indiana was part of the multistate group.

  • WASHINGTON, March 19- Florida is part of a "multistate group" that will join the U.S. Justice Department in evaluating if Comcast Corp's plan to merge with Time Warner Cable Inc. is legal under U.S. antitrust law, Florida said in a statement to Reuters.

  • *Acquisition prospects in Asia white cement. ROME, March 14- Italy's Cementir group is looking at acquisition opportunities to strengthen its position in white cement and could finalise a deal within 12 months, possibly in Asia, chief executive Francesco Caltagirone said.

  • LOS ANGELES/ NEW YORK, March 13- Media companies plan to press Comcast Corp for higher fees in the coming year, seeing an opportunity to squeeze better terms from the U.S. cable company as regulators review its planned takeover of Time Warner Cable Inc..