Oculus

Oculus, a subsidiary of Meta Platforms (formerly Facebook, Inc.), specializes in virtual reality (VR) hardware and software products. They generate revenue through the sale of VR headsets like the Oculus Rift and Oculus Quest, as well as through their VR content platform, the Oculus Store. Founded in 2012 by Palmer Luckey, Oculus gained significant attention with its successful Kickstarter campaign and was acquired by Facebook in 2014 for $2 billion. The company is pivotal in Meta's broader strategy to develop the metaverse, a collective virtual shared space.

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