Oculus: Virtual reality company's complete history and device development

• Oculus was a virtual reality company founded by Palmer Luckey.
• It was acquired by Facebook, now known as Meta, for $2 billion in cash and stock. 
• Virtual reality has been a major initiative for Meta.

Oculus was a virtual reality company founded by Palmer Luckey in 2012. It was acquired by Facebook, now known as Meta, in 2014 for $2 billion in cash and stock.