Facebook has announced plans to build a mind-reading wristband that will let people control their devices "as a natural extension of movement".

Axar.az reports citing Mirror that the company has acquired CTRL-labs, a start-up that is exploring ways for people to communicate with computers using brain signals, in a deal that CNBC said was valued at $1 billion (£805 million).

Andrew Bosworth, Vice President of Augmented Reality and Virtual Reality at Facebook, announced the deal in a Facebook post.

"We spend a lot of time trying to get our technology to do what we want rather than enjoying the people around us," said Bosworth.

"We know there are more natural, intuitive ways to interact with devices and technology. And we want to build them."

"You have neurons in your spinal cord that send electrical signals to your hand muscles telling them to move in specific ways such as to click a mouse or press a button," Bosworth explained.

"The wristband will decode those signals and translate them into a digital signal your device can understand, empowering you with control over your digital life.

"It captures your intention so you can share a photo with a friend using an imperceptible movement or just by, well, intending to."