Facebook has agreed to acquire CTRL-labs, a US start-up that is developing technology to let people control electronic devices with their brains. , Facebook’s head of virtual reality and augmented reality, said the acquisition was part of a bid to build “more natural, intuitive ways to interact with devices and technology”. Facebook will pay about $1bn, according to one person familiar with the matter — the same price it paid for photo sharing app Instagram in 2012.

source https://finance.yahoo.com/m/51e8c487-cb40-3b5d-ae9a-2cce497bfd9a/facebook-to-acquire.html?.tsrc=rss