Company

Oculus VR

Oculus

Oculus VR was a virtual-reality company acquired by Facebook in 2014 for $2 billion, at the time one of the most prominent bets that VR would become the next computing platform after mobile . Its Quest line of headsets reached roughly 10 million units shipped by 2021, prompting Facebook to rebrand itself as Meta and rename the hardware line Meta Quest in a show of all-in commitment to the metaverse . The company's trajectory later served as a caution in Chinese tech circles: VITURE founder Gonglue Jiang noted in a 2025 interview that VR headsets functionally behave as a subset of game consoles—Xbox, PlayStation and Switch combined sell about 30 million units annually—so the ceiling for dedicated VR hardware looks closer to 10 million units than to smartphone-scale growth . Elsewhere's corpus does not cover Oculus VR's founding team, subsequent product roadmap, or current status within Meta in detail.

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Oculus VRCompany
Oculus
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