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Facebook's acquisition of Wit.Ai is a smarter move than acquiring Oculus.

almost 3 years ago | From seekingalpha.com

* Facebook's acquisition of Wit.Ai is a good sign that the company is diversifying outside advertising.
* Wit.Ai is a voice recognition specialist start-up that allows humans to interact better with the Internet of Things devices that have small displays or none at all.
* I appreciate that Facebook is making cheap acquisitions and is no longer paying billions of dollars to acquire a single company.
Facebook (NASDAQ:) investors should be happy with the company's recent acquisition of Wit...

       

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