Oculus

Oculus VR, founded in 2012 by Palmer Luckey and a team of VR pioneers, pioneered consumer virtual reality with the Rift headset. Acquired by Facebook (now Meta) in 2014 for approximately $2 billion, Oculus went on to develop the Oculus Quest line of standalone VR headsets, making high-quality VR accessible without a PC. The Oculus brand was retired in 2022 and rebranded as Meta Quest, but the original company's technology and team form the core of Meta's Reality Labs division. Products include the Quest 2 and Quest Pro headsets, Touch controllers, and a growing ecosystem of VR applications and social experiences.