Next on Facebook’s Shopping List: Acquisitions to Beef Up Gaming

Facebook is looking to buy game studios and ink exclusive deals for virtual reality versions of well-known games to bolster its Oculus VR headset business, according to two people familiar with the matter. 

As part of the new effort, in which CEO Mark Zuckerberg is personally involved, Facebook has already signed deals for exclusive VR versions of the popular games “Assassin’s Creed” and “Tom Clancy’s Splinter Cell,” one of the people said. Facebook hopes that seeding Oculus with popular game franchises will help attract more people to buy its VR headsets—which have so far been only moderately successful—and increase the amount of time spent on the social network’s platform.