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Reality Labs, formerly Oculus VR, is a business and research unit of
Meta Platforms Meta Platforms, Inc. is an American multinational technology company headquartered in Menlo Park, California. Meta owns and operates several prominent social media platforms and communication services, including Facebook, Instagram, Threads ...
(formerly Facebook Inc.) that produces
virtual reality Virtual reality (VR) is a Simulation, simulated experience that employs 3D near-eye displays and pose tracking to give the user an immersive feel of a virtual world. Applications of virtual reality include entertainment (particularly video gam ...
(VR) and
augmented reality Augmented reality (AR), also known as mixed reality (MR), is a technology that overlays real-time 3D computer graphics, 3D-rendered computer graphics onto a portion of the real world through a display, such as a handheld device or head-mounted ...
(AR) hardware and software, including
virtual reality headset A virtual reality headset (or VR headset) is a Head-mounted display, head-mounted device that uses 3D near-eye displays and positional tracking to provide a virtual reality environment for the user. VR headsets are widely used with Virtual reali ...
s such as the
Quest A quest is a journey toward a specific mission or a goal. It serves as a plot device in mythology and fiction: a difficult journey towards a goal, often symbolic or allegorical. Tales of quests figure prominently in the folklore of every nat ...
, and online platforms such as
Horizon Worlds ''Meta Horizon Worlds'' is an online virtual reality game with an integrated game creation system developed and published by Meta Platforms. On this multi-player virtual platform, players move and interact with each other in various worlds that h ...
. In June 2022, several
artificial intelligence Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of re ...
(AI) initiatives that were previously a part of
Meta AI Meta AI is a research division of Meta (formerly Facebook) that develops artificial intelligence and augmented reality technologies. History The foundation of laboratory was announced in 2013, under the name Facebook Artificial Intelligence ...
were transitioned to Reality Labs. This also includes Meta's fundamental AI Research laboratory ''FAIR'' which is now part of the ''Reality Labs - Research (RLR)'' division. The Reality Labs unit is the result of the merger of several initiatives under Meta Platforms and the incorporation of several acquired companies. This includes ''CTRL-Labs'' founded by
Thomas Reardon Thomas Reardon (born 1969) is an American computational neuroscientist and the CEO and co-founder of CTRL-labs. Formerly, he was a computer programmer and developer at Microsoft. He is credited with creating the project to build Microsoft's we ...
which develops non-invasive neural interface technology as well as ''Oculus'', a company that was founded in 2012 by Palmer Luckey, Brendan Iribe, Michael Antonov and Nate Mitchell to develop a VR headset for video gaming.


History


Founding

As a
head-mounted display A head-mounted display (HMD) is a display device, worn on the head or as part of a helmet (see helmet-mounted display for aviation applications), that has a small display optic in front of one (monocular HMD) or each eye (binocular vision, bi ...
(HMD) designer at the
University of Southern California The University of Southern California (USC, SC, or Southern Cal) is a Private university, private research university in Los Angeles, California, United States. Founded in 1880 by Robert M. Widney, it is the oldest private research university in ...
Institute for Creative Technologies The Institute for Creative Technologies (ICT) is a University Affiliated Research Center at the University of Southern California located in Playa Vista, California. ICT was established in 1999 with funding from the US Army. Dr. Mike Andrew ...
, Palmer Luckey earned a reputation for having the largest personal collection of HMDs in the world and was a longtime moderator in Meant to be Seen (MTBS)'s discussion forums. Palmer created a series of new technologies that resulted in a VR headset that was both higher performance than what was currently on the market and was also inexpensive for gamers. To develop the new product, Luckey founded Oculus VR with
Scaleform Scaleform Corporation was a developer providing middleware for use in the video game industry. As a result of Autodesk's acquisition of the company in March 2011, Scaleform has become part of the Autodesk Gameware line of middleware. As of July ...
co-founders Brendan Iribe and Michael Antonov, Nate Mitchell and Andrew Scott Reisse. Coincidentally,
John Carmack John D. Carmack II (born August 21, 1970) is an American computer programmer and video game developer. He co-founded the video game company id Software and was the lead programmer of its 1990s games ''Commander Keen'', ''Wolfenstein 3D'', ''Do ...
of
id Software id Software LLC () is an American video game developer based in Richardson, Texas. It was founded on February 1, 1991, by four members of the computer company Softdisk: game programmer, programmers John Carmack and John Romero, game designer T ...
had been doing his research on HMDs and happened upon Palmer's developments. After sampling an early unit, Carmack favored Luckey's prototype, and just before the 2012
Electronic Entertainment Expo E3 (short for Electronic Entertainment Expo) was an annual Trade fair, trade event for the video game industry organized and presented by the Entertainment Software Association (ESA). It was held principally in Los Angeles from 1995 to 2019, wit ...
(E3), id Software announced that the '' BFG Edition'' of ''
Doom 3 ''Doom 3'' is a 2004 first-person shooter, first-person shooter game developed by id Software and published by Activision. ''Doom 3'' was originally released for Microsoft Windows on August 3, 2004, adapted for Linux later that year, and Vide ...
'' would be compatible with head-mounted display units. During the convention, Carmack introduced a duct-taped head-mounted display, based on Palmer's Oculus Rift prototype, which ran Carmack's software. The unit featured a high-speed IMU and a
LCD A liquid-crystal display (LCD) is a flat-panel display or other electronically modulated optical device that uses the light-modulating properties of liquid crystals combined with polarizers to display information. Liquid crystals do not em ...
, visible via dual lenses that were positioned over the eyes to provide a 90 degree horizontal and 110 degree vertical
stereoscopic Stereoscopy, also called stereoscopics or stereo imaging, is a technique for creating or enhancing the illusion of depth in an image by means of stereopsis for binocular vision. The word ''stereoscopy'' derives . Any stereoscopic image is ...
3D perspective. Carmack later left id Software as he was hired as Oculus VR's chief technology officer.


Funding for Oculus Rift and company

The Oculus Rift prototype was demonstrated at E3 in June 2012. On August 1, 2012, the company announced a
Kickstarter Kickstarter, PBC is an American Benefit corporation, public benefit corporation based in Brooklyn, New York City, that maintains a global crowdfunding platform focused on creativity. The company's stated mission is to "help bring creative project ...
campaign to further develop the product. Oculus announced that the "dev kit" version of the Oculus Rift would be given as a reward to backers who pledged $300 or more on Kickstarter, with an expected shipping date set of December 2012 (though they did not actually ship until March 2013). There was also a limited run of 100 unassembled Rift prototype kits for pledges over $275 that would ship a month earlier. Both versions were intended to include '' Doom 3 BFG Edition'', but Rift support in the game was not ready, so to make up for it they included a choice of discount vouchers for either
Steam Steam is water vapor, often mixed with air or an aerosol of liquid water droplets. This may occur due to evaporation or due to boiling, where heat is applied until water reaches the enthalpy of vaporization. Saturated or superheated steam is inv ...
or the Oculus store. Within four hours of the announcement, Oculus secured its intended amount of US$250,000, and in less than 36 hours, the campaign had surpassed $1 million in funding, eventually ending with $2,437,429. On December 12, 2013,
Marc Andreessen Marc Lowell Andreessen ( ; born July 9, 1971) is an American businessman and former software engineer. He is the co-author of Mosaic, the first widely used web browser with a graphical user interface; co-founder of Netscape; and co-founder and ...
joined the company's board when his firm,
Andreessen Horowitz AH Capital Management, LLC (commonly known as Andreessen Horowitz, or a16z) is an American privately held venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. As of M ...
, led the $75 million Series B
venture funding A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the p ...
. In total, Oculus VR has raised $91 million with $2.4 million raised via
crowdfunding Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and Alternative Finance, alternative finance, to fund projects "withou ...
.


Acquisition by Facebook

Although Oculus only released a development prototype of its headset, on March 25, 2014,
Mark Zuckerberg Mark Elliot Zuckerberg (; born May 14, 1984) is an American businessman who co-founded the social media service Facebook and its parent company Meta Platforms, of which he is the chairman, chief executive officer, and controlling sharehold ...
announced that
Facebook, Inc. Meta Platforms, Inc. is an American multinational technology company headquartered in Menlo Park, California. Meta owns and operates several prominent social media platforms and communication services, including Facebook, Instagram, Threads ...
would be acquiring Oculus for
US$ The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introdu ...
2 billion, pending regulatory approval. The deal included $400 million in cash and 23.1 million common shares of Facebook, valued at $1.6 billion, as well as an additional $300 million assuming Facebook reaches certain milestones. This move was ridiculed by some backers who felt the acquisition was counter to the independent ideology of crowdfunding. Many Kickstarter backers and game industry figures, such as ''
Minecraft ''Minecraft'' is a 2011 sandbox game developed and published by the Swedish video game developer Mojang Studios. Originally created by Markus Persson, Markus "Notch" Persson using the Java (programming language), Java programming language, the ...
'' developer
Markus Persson Markus Alexej Persson ( , ; born 1 June 1979), known by the pseudonym Notch, is a Swedish video game programmer and Video game designer, designer. He is the creator of ''Minecraft'', which is the List of best-selling video games, best-selling ...
, criticized the sale of Oculus to Facebook. On March 28, 2014,
Michael Abrash Michael Abrash is an American programmer and technical writer. He has written dozens of magazine articles and multiple books on code optimization and software-rendered graphics for IBM PC compatibles. He worked at id Software in the mid-1990s on ...
joined the company as Chief Scientist. As of January 2015, the Oculus headquarters has been moved from
Irvine, California Irvine () is a Planned community, planned city in central Orange County, California, United States, in the Los Angeles metropolitan area. It was named in 1888 for the landowner James Irvine. The Irvine Company started developing the area in the ...
to Menlo Park, where Facebook's headquarters are also located. Oculus has stated that this move is for their employees to be closer to
Silicon Valley Silicon Valley is a region in Northern California that is a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical area of the Santa Clara Valley ...
. In May 2015, Oculus acquired British company Surreal Vision, a company based on 3D scene-mapping reconstruction and
augmented reality Augmented reality (AR), also known as mixed reality (MR), is a technology that overlays real-time 3D computer graphics, 3D-rendered computer graphics onto a portion of the real world through a display, such as a handheld device or head-mounted ...
. News reported that Oculus and Surreal Vision could create "mixed reality" technology in Oculus' products, similar to the upcoming HMD,
Microsoft HoloLens Microsoft HoloLens is an augmented reality (AR)/ mixed reality (MR) headset developed and manufactured by Microsoft. HoloLens runs the Windows Mixed Reality platform under the Windows 10 operating system. Some of the positional tracking tech ...
. They reported that Oculus, with Surreal's help, will make
telepresence Telepresence is the appearance or sensation of a person being present at a place other than their true location, via telerobotics or video. Telepresence requires that the users' senses interact with specific stimuli in order to provide the feeli ...
possible. On March 28, 2016, the first consumer version of Oculus Rift, Oculus Rift "CV1", was released. In October 2017, Oculus unveiled the standalone mobile headset
Oculus Go The Oculus Go is a discontinued, standalone virtual reality headset developed by Meta Platforms, Meta Reality Labs (formerly Facebook Technologies) in partnership with Qualcomm and Xiaomi. It is in the first generation of Facebook Technologies' v ...
in partnership with Chinese electronics manufacturer
Xiaomi Xiaomi (; ) is a Chinese multinational corporation and technology company headquartered in Beijing, China. It is best known for consumer electronics software electric vehicles. It is the second-largest manufacturer of smartphones in the worl ...
. On December 28, 2016, Facebook acquired Danish eye tracking startup The Eye Tribe. In September 2018, Oculus became a division of a new structural entity within Facebook known as Facebook Technologies, LLC. Facebook announced in August 2018 they had entered negotiations to lease the entire Burlingame Point campus in
Burlingame, California Burlingame () is a city in San Mateo County, California, United States. It is located on the San Francisco Peninsula and has a significant shoreline on San Francisco Bay. The city is named after diplomat Anson Burlingame and is known for its ...
, then under construction. The lease was executed in late 2018, and the site, owned by Kylli, a subsidiary of Genzon Investment Group, is expected to be complete by 2020. Oculus was expected to move to Burlingame Point when development is complete. In February 2019, Facebook released
Oculus Quest The first-generation Oculus Quest is a discontinued virtual reality headset developed by Oculus (now Reality Labs), a brand of Meta Platforms, and released on May 21, 2019. Similar to its predecessor, Oculus Go, it is a standalone device, tha ...
, a high-end standalone headset. In March 2019, Facebook unveiled
Oculus Rift S Oculus Rift S is a discontinued virtual reality headset co-developed by Lenovo Technologies and Oculus VR. Announced in March 2019 and released that May, it is a successor to the original Oculus Rift CV1 model, with noted changes including a new ...
, an updated revision of the original Rift PC headset in partnership with Chinese electronics manufacturer
Lenovo Lenovo Group Limited, trading as Lenovo ( , zh, c=联想, p=Liánxiǎng), is a Chinese multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, servers, conv ...
, which featured updated hardware and features carried over from the Go and Quest. On August 13, 2019, Nate Mitchell, Oculus co-founder and VP of product announced his departure from the company. On November 13, 2019,
John Carmack John D. Carmack II (born August 21, 1970) is an American computer programmer and video game developer. He co-founded the video game company id Software and was the lead programmer of its 1990s games ''Commander Keen'', ''Wolfenstein 3D'', ''Do ...
wrote in a Facebook post that he would step down as CTO of Oculus to focus on developing
artificial general intelligence Artificial general intelligence (AGI)—sometimes called human‑level intelligence AI—is a type of artificial intelligence that would match or surpass human capabilities across virtually all cognitive tasks. Some researchers argue that sta ...
. He stated he would remain involved with the company as a "Consulting CTO". In September 2020, Facebook unveiled
Oculus Quest 2 Quest 2 is a standalone virtual reality headset developed by Reality Labs, a division of Meta Platforms. It was unveiled on September 16, 2020, and released on October 13, 2020 as the Oculus Quest 2. It was then rebranded as the Meta Quest 2 ...
, an update to the original Quest with a revised design and updated hardware.


Facebook integration

Upon the acquisition of Oculus by Facebook, Inc., Luckey "guaranteed" that "you won't need to log into your Facebook account every time you wanna use the Oculus Rift." Under its ownership, Oculus has been promoted as a brand of Facebook rather than an independent entity and has increasingly integrated Facebook platforms into Oculus products. Support for optional Facebook integration was added to Gear VR in March 2016, with a focus on integration with the social network, and integrations with features such as Facebook Video and social games. By 2016, the division began to be largely marketed as ''Oculus from Facebook''. In September 2016, support for optional Facebook integration was added to the Oculus Rift software, automatically populating the friends list with Facebook friends who have also linked their accounts (displaying them to each other under their real names, but still displaying screen names to anyone else). Users have been increasingly encouraged to use Facebook accounts to sign into its services (although standalone accounts not directly linked to the service were still supported). In 2018, Oculus VR became a division of Facebook Technologies, LLC, to create "a single legal entity that can support multiple Facebook technology and hardware products" (such as Facebook Portal). On August 18, 2020, Facebook announced that all "decisions around use, processing, retention, and sharing of serdata" on its platforms will be delegated to the Facebook social network moving forward. Users became subject to the unified Facebook
privacy policy A privacy policy is a statement or legal document (in privacy law) that discloses some or all of the ways a party gathers, uses, discloses, and manages a customer or client's data. Personal information can be anything that can be used to identify ...
,
code of conduct A code of conduct is a set of rules outlining the social norm, norms, rules, and responsibilities or proper practices of an individual party or an organization. Companies' codes of conduct A company code of conduct is a set of rules which is comm ...
, and community guidelines, and all users will be required to have a Facebook account to access Oculus products and services. Standalone account registration became unavailable in October 2020, all future Oculus hardware (beginning with Quest 2) will only support Facebook accounts, and support for existing standalone Oculus accounts on already-released products will end on January 1, 2023. Facebook stated that this was needed to facilitate "more Facebook powered multiplayer and social experiences" and make it "easier to share across our platforms". Facebook stated that users would still be able to control sharing from Oculus, maintain a separate friends list within the Oculus platform, and hide their real name to others. Users and media criticized Facebook for the move. ''
Ars Technica ''Ars Technica'' is a website covering news and opinions in technology, science, politics, and society, created by Ken Fisher and Jon Stokes in 1998. It publishes news, reviews, and guides on issues such as computer hardware and software, sci ...
'' noted that there is no clear way to opt-out of information tracking and that the collected data will likely be used for
targeted advertising Targeted advertising or data-driven marketing is a form of advertising, including online advertising, that is directed towards an audience with certain traits, based on the product or person the advertiser is promoting. These traits can either ...
. Furthermore, Facebook requires the use of a person's real name. In September 2020, Facebook temporarily suspended sales of all Oculus products in Germany; a German watchdog had presented concerns that this integration requirement violates the
General Data Protection Regulation The General Data Protection Regulation (Regulation (EU) 2016/679), abbreviated GDPR, is a European Union regulation on information privacy in the European Union (EU) and the European Economic Area (EEA). The GDPR is an important component of ...
(GDPR), which prohibits making use of a service contingent on consenting to the collection of personally identifiable information, and the requirement that existing users also link to a Facebook account to use Oculus hardware and services. On August 25, 2020, Facebook announced the formation of Facebook Reality Labs, a new unit that would encompass all of Facebook's virtual and
augmented reality Augmented reality (AR), also known as mixed reality (MR), is a technology that overlays real-time 3D computer graphics, 3D-rendered computer graphics onto a portion of the real world through a display, such as a handheld device or head-mounted ...
(AR) hardware and software, including Oculus, Portal, and Facebook Spark AR. The Oculus Connect conference was also renamed Facebook Connect. In June 2021, Facebook announced it would do a test launch of targeted advertisements in applications for Oculus Quest. The company claims that movement data, voice recordings and raw images from the headset will not be used in targeting. Instead, the ads will rely on information from the user's Facebook profile and all user activity related to Oculus, including apps used or installed. The company has not stated whether ads will appear only in applications or in the Oculus Home experience as well. In July 2021, Facebook announced it would be deprecating its proprietary Oculus API and adding full support for
OpenXR OpenXR is an open-source, royalty-free standard for interfacing with virtual reality and augmented reality devices. It is developed by a working group managed by the Khronos Group consortium. OpenXR was announced by the Khronos Group on February 2 ...
.


Rebranding of Oculus as Meta

On October 25, 2021, during Connect, Facebook announced that it would invest $10 billion over the next year into Reality Labs, and that it would begin to report its revenue separately from the Facebook "Family of Apps"—which includes Facebook,
Messenger Messenger, Messengers, The Messenger or The Messengers may refer to: People * Courier, a person or company that delivers messages, packages, or mail * Messenger (surname) * Bicycle messenger, a bicyclist who transports packages through cities * M ...
,
Instagram Instagram is an American photo sharing, photo and Short-form content, short-form video sharing social networking service owned by Meta Platforms. It allows users to upload media that can be edited with Social media camera filter, filters, be ...
, and
WhatsApp WhatsApp (officially WhatsApp Messenger) is an American social media, instant messaging (IM), and voice-over-IP (VoIP) service owned by technology conglomerate Meta. It allows users to send text, voice messages and video messages, make vo ...
. Three days later on October 28, Facebook announced that it would change its corporate name to
Meta Meta most commonly refers to: * Meta (prefix), a common affix and word in English ( in Greek) * Meta Platforms, an American multinational technology conglomerate (formerly ''Facebook, Inc.'') Meta or META may also refer to: Businesses * Meta (ac ...
(legally Meta Platforms, Inc.), as part of the company's long-term focus on
metaverse The metaverse is a loosely defined term referring to virtual worlds in which users represented by avatars interact, usually in 3D and focused on social and economic connection. The term ''metaverse'' originated in the 1992 science fiction ...
s and related technologies. The company also teased a "high-end"
mixed reality Augmented reality (AR), also known as mixed reality (MR), is a technology that overlays real-time 3D computer graphics, 3D-rendered computer graphics onto a portion of the real world through a display, such as a handheld device or head-mounted ...
headset codenamed "Project Cambria". As a result, CTO
Andrew Bosworth Andrew "Boz" Bosworth (born January 7, 1982) is an American business executive who has been chief technology officer at Meta since January 2022. After graduating from Harvard University in 2004, he worked as a developer on Microsoft Visio for ...
announced that the Oculus brand would be phased out in 2022; all Facebook hardware products will be marketed under the Meta name, and Oculus Store would be renamed Quest Store. Likewise, immersive social platforms associated with Oculus will be brought under the Horizon brand (such as
Horizon Worlds ''Meta Horizon Worlds'' is an online virtual reality game with an integrated game creation system developed and published by Meta Platforms. On this multi-player virtual platform, players move and interact with each other in various worlds that h ...
). He also stated that "as we've heard feedback from the VR community more broadly, we're working on new ways to log into Quest that won't require a Facebook account, landing sometime next year. This is one of our highest priority areas of work internally". In January 2022, the Oculus social media accounts were renamed "Meta Quest" in reference to its current VR product line. Concurrently, Meta began to retroactively refer to the Quest 2 as the "Meta Quest 2"—a change that has since been reflected in the packaging and hardware of subsequent units. In July 2022, Meta began to migrate Oculus accounts to the new "Meta account" system, which can be optionally linked with Facebook, Instagram, and WhatsApp accounts. In October 2022, "Project Cambria" was officially unveiled as the
Meta Quest Pro The Meta Quest Pro is a discontinued mixed reality (MR) headset developed by Reality Labs, a division of Meta Platforms. Unveiled on October 11, 2022, it is a high-end headset designed for mixed reality and virtual reality applications, target ...
.


Products


Virtual reality headsets

The initial Oculus headsets, produced under the "Oculus Rift" brand, are traditional VR headsets that require a PC to operate. In February 2019, Facebook first released
Oculus Quest The first-generation Oculus Quest is a discontinued virtual reality headset developed by Oculus (now Reality Labs), a brand of Meta Platforms, and released on May 21, 2019. Similar to its predecessor, Oculus Go, it is a standalone device, tha ...
—a standalone headset which contains integrated mobile computing hardware and does not require a PC to operate, but can optionally be used with Oculus Rift-compatible VR software by connecting it to a PC over
USB-C USB-C, or USB Type-C, is a 24-pin reversible Electrical connector, connector (not a Communication protocol, protocol) that supersedes previous USB hardware#Connectors, USB connectors (also supersedes Mini DisplayPort and Lightning (connector) ...
. In 2018, Facebook CEO Mark Zuckerberg stated that the original Oculus Rift "CV1",
Oculus Go The Oculus Go is a discontinued, standalone virtual reality headset developed by Meta Platforms, Meta Reality Labs (formerly Facebook Technologies) in partnership with Qualcomm and Xiaomi. It is in the first generation of Facebook Technologies' v ...
(a lower-end standalone headset released in 2017), and Quest represented the company's first generation of products, and expected that successors to the three headsets would form its second generation. Oculus began to phase out the original Oculus Rift "CV1" in 2019, in favor of
Oculus Rift S Oculus Rift S is a discontinued virtual reality headset co-developed by Lenovo Technologies and Oculus VR. Announced in March 2019 and released that May, it is a successor to the original Oculus Rift CV1 model, with noted changes including a new ...
— a follow-up to the original model manufactured by
Lenovo Lenovo Group Limited, trading as Lenovo ( , zh, c=联想, p=Liánxiǎng), is a Chinese multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, servers, conv ...
that incorporates elements of the Go and Quest. In September 2020, the
Oculus Quest 2 Quest 2 is a standalone virtual reality headset developed by Reality Labs, a division of Meta Platforms. It was unveiled on September 16, 2020, and released on October 13, 2020 as the Oculus Quest 2. It was then rebranded as the Meta Quest 2 ...
was unveiled as an updated iteration of the first-generation Quest, and the Rift S was concurrently discontinued—making Quest the division's sole active product line.


Quest

On September 26, 2018, Facebook unveiled
Oculus Quest The first-generation Oculus Quest is a discontinued virtual reality headset developed by Oculus (now Reality Labs), a brand of Meta Platforms, and released on May 21, 2019. Similar to its predecessor, Oculus Go, it is a standalone device, tha ...
. It is a standalone headset which is not dependent on a PC for operation; the Quest contains embedded mobile hardware running an operating system based on Android source code, including a
Snapdragon 835 The Qualcomm Snapdragon suite of System on a chip, systems on chips (SoCs) are designed for use in smartphones, Tablet computer, tablets, laptops, 2-in-1 PCs, smartwatches, and smartbooks devices. Before Snapdragon SoC made by Qualcomm before ...
system-on-chip, and 64 or 128 GB of internal storage. It contains two
OLED An organic light-emitting diode (OLED), also known as organic electroluminescent (organic EL) diode, is a type of light-emitting diode (LED) in which the emissive electroluminescent layer is an organic compound film that emits light in respon ...
displays with a resolution of 1600x1440 per-eye and running at 72 Hz. It supports included Oculus Touch controllers via an "inside-out" motion tracking system known as "Oculus insight", which consists of a series of cameras embedded in the headset. The controllers were redesigned to properly function with Insight. It supports games and applications downloaded via Oculus Store, with
ported In software engineering, porting is the process of adapting software for the purpose of achieving some form of execution in a computing environment that is different from the one that a given program (meant for such execution) was originally desig ...
launch title Since the origin of video games in the early 1970s, the video game industry, the players, and surrounding culture have spawned a wide range of technical and slang terms. 0–9 A ...
s such as ''
Beat Saber ''Beat Saber'' is a virtual reality rhythm game developed by Ján Ilavský, Vladimír Hrinčár, and Peter Hrinčár. The game was published by Czech game developer Beat Games and was later obtained by Oculus Studios. It takes place in many di ...
'' and ''
Robo Recall ''Robo Recall'' is a virtual reality first-person shooter game developed and published by Epic Games for Oculus Rift and Oculus Quest platforms. The game was released for the Oculus Rift on March 1, 2017, and an Oculus Quest version titled ''R ...
''. It also supports cross-platform multiplayer and cross-buys between PC and Quest. Facebook stated that they would impose stricter content and quality standards for software distributed for Quest than its other platforms, including requiring developers to undergo a pre-screening of their concepts to demonstrate "quality and probable market success". In June 2019, Facebook announced it sold $5 million worth of content for the Oculus Quest in its first two weeks on sale. In November 2019, Facebook released a beta for a new feature known as Oculus Link, which allows Oculus Rift-compatible software to be streamed from a PC to a Quest headset over USB. In May 2020, Facebook added additional support for the use of
USB 2.0 Universal Serial Bus (USB) is an industry standard, developed by USB Implementers Forum (USB-IF), for digital data transmission and power delivery between many types of electronics. It specifies the architecture, in particular the physical i ...
cables, such as the charging cable supplied with the headset. Support for controller-free
hand tracking In the field of gesture recognition and image processing, finger tracking is a high-resolution technique that is employed to know the position of a user's fingers in three-dimensional space. It was first developed in 1969. Finger tracking can be ...
was also launched that month. In September 2020, Facebook unveiled an updated version of the Quest,
Oculus Quest 2 Quest 2 is a standalone virtual reality headset developed by Reality Labs, a division of Meta Platforms. It was unveiled on September 16, 2020, and released on October 13, 2020 as the Oculus Quest 2. It was then rebranded as the Meta Quest 2 ...
. It is similar to the original Quest, but with the Snapdragon XR2 system-on-chip and additional RAM, an all plastic exterior, new cloth head straps, updated Oculus Touch controllers with improved ergonomics and battery life, and a 1832x1920 display running at 90 Hz, and up to 120 Hz as an experimental option. Similarly to the Rift S, it uses a single display panel rather than individual panels for each eye. Due to this design, it has more limited inter-pupillary distance options than the original Quest, with the ability to physically move the lenses to adjust for 3 common measurements. The Quest 2's models were both priced US$100 cheaper than their first-generation equivalents at launch, but its prices were increased in July 2022 for economic reasons. In October 2022, Meta unveiled Quest Pro, a
mixed reality Augmented reality (AR), also known as mixed reality (MR), is a technology that overlays real-time 3D computer graphics, 3D-rendered computer graphics onto a portion of the real world through a display, such as a handheld device or head-mounted ...
headset aimed primarily at enterprise and
prosumer A prosumer is an individual who both consumes and produces. The term is a portmanteau of the words '' producer'' and ''consumer''. Research has identified six types of prosumers: DIY prosumers, self-service prosumers, customizing prosumers, co ...
markets. The headset uses
quantum dot display A quantum dot display is a display device that utilizes quantum dots (QDs), semiconductor nanocrystals, which can produce pure monochromatic red, green, and blue light. ''Photo-emissive'' quantum dot particles are used in LCD backlights or displ ...
s, with thinner optics using
pancake lens A pancake lens is a colloquial term for a flat, thin camera lens assembly (short barrel). The majority are prime lenses of a Normal lens, normal or slightly wider angle of view, but some are zoom lenses. Motivation Pancake lenses are primarily ...
es for a more visor-like form factor, and has upgraded color passthrough cameras designed to facilitate mixed reality applications. Its hardware is upgraded from the Quest 2, with the Snapdragon XR2+ system-on-chip, increased RAM, and updated controllers with built-in tracking. These controllers were also made available for the existing Quest 2 as an optional accessory. On June 1, 2023, Meta announced the Quest 3, which was released on October 10, 2023. It features design and hardware features from the Quest Pro, including pancake lenses for a slimmer build, upgraded hardware (including the Snapdragon XR2 Gen 2 system-on-chip) and higher resolution displays, color passthrough cameras for mixed reality, as well as a depth sensor, and updated controllers inspired by the design of the Quest Pro (albeit still using inside-out tracking via infrared sensors, as with its predecessors). Meta positioned the Quest 3 as a high-end model, with the Quest 2 continuing to be sold alongside it. On April 22, 2024, Meta announced that its Android-based system software would be branded as "Horizon OS", and that it would license the platform to third-parties. Meta announced initial hardware partners such as
Asus ASUSTeK Computer Inc. (, , , ; stylized as ASUSTeK or ASUS) is a Taiwanese Multinational corporation, multinational computer, phone hardware and electronics manufacturer headquartered in Beitou District, Taipei, Taiwan. Its products include deskto ...
and
Lenovo Lenovo Group Limited, trading as Lenovo ( , zh, c=联想, p=Liánxiǎng), is a Chinese multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, servers, conv ...
, as well as a partnership with
Microsoft Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...
for a "limited edition"
Xbox Xbox is a video gaming brand that consists of four main home video game console lines, as well as application software, applications (games), the streaming media, streaming service Xbox Cloud Gaming, and online services such as the Xbox networ ...
-branded Quest bundled with Xbox Wireless Controllers and Game Pass. Meta also stated that it was developing a "spatial app framework" to help port non-VR Android apps to Horizon OS, and that it was open to working with
Google Google LLC (, ) is an American multinational corporation and technology company focusing on online advertising, search engine technology, cloud computing, computer software, quantum computing, e-commerce, consumer electronics, and artificial ...
to support
Play Store Google Play, also known as the Google Play Store, Play Store, or sometimes the Android Store (and was formerly Android Market), is a digital distribution service operated and developed by Google. It serves as the official app store for certifie ...
on Horizon OS—moves considered a parallel to Apple's support of
iOS Ios, Io or Nio (, ; ; locally Nios, Νιός) is a Greek island in the Cyclades group in the Aegean Sea. Ios is a hilly island with cliffs down to the sea on most sides. It is situated halfway between Naxos and Santorini. It is about long an ...
applications on
visionOS visionOS is a mixed reality operating system derived primarily from iPadOS and its core frameworks (including UIKit, SwiftUI, ARKit and RealityKit), and MR-specific frameworks for foveated rendering and real-time interaction. It was develope ...
. In 2024, leaks by Meta revealed an upcoming Quest model known as the Quest 3S, which is expected to be a low-end variant of the Quest 3 designed to supplant the Quest 2. Quest 3s was unveiled on September 25, 2024, and released on October 15, 2024, as part of the third generation of the Meta Quest line, serving as a cheaper option for new and budget VR players.


Discontinued models


Oculus Rift

The Oculus Rift CV1, also known as simply the Oculus Rift, was the first consumer model of the Oculus Rift headset. It was released on March 28, 2016, in 20 countries, at a starting price of US$599. The 6,955 backers who received the Development Kit 1 prototype via the original Oculus Rift Kickstarter campaign were eligible to receive the CV1 model for free. On December 6, 2016, Oculus released motion controller accessories for the headset known as
Oculus Touch Oculus Touch is a line of motion controller systems used by Meta Platforms (formerly Oculus) virtual reality headsets. The controller was first introduced in 2016 as a standalone accessory for the Oculus Rift CV1, and began to be bundled with the ...
.


Samsung Gear VR

In 2014,
Samsung Samsung Group (; stylised as SΛMSUNG) is a South Korean Multinational corporation, multinational manufacturing Conglomerate (company), conglomerate headquartered in the Samsung Town office complex in Seoul. The group consists of numerous a ...
partnered with Oculus to develop the
Gear VR The Samsung Gear VR is a virtual reality headset developed by Samsung Electronics, in collaboration with Oculus VR, and manufactured by Samsung. The headset was released on August 21, 2015. When in use, a compatible Samsung Galaxy device acts as ...
, a VR headset accessory for
Samsung Galaxy Samsung Galaxy (; stylized as SΛMSUNG Galaxy since 2015 (except Japan where it omitted the Samsung branding up until 2023), previously stylized as Samsung GALAXY; abbreviated as SG) is a series of computing, Android mobile computing and wear ...
smartphones. It relies on the phone's display, which is viewed through lenses inside the headset. At Oculus Connect in September 2015, the Gear VR was announced for a consumer release in November; the initial model supported the
Galaxy S6 The Samsung Galaxy S6 is a line of Android-based smartphones manufactured, released and marketed by Samsung Electronics. Succeeding the Samsung Galaxy S5, the S6 was not released as a singular model, but instead in two variations unveiled and ...
and Galaxy S7 product lines, as well as the Galaxy Note 5.


Oculus Go

On October 11, 2017, Oculus unveiled the Oculus Go, a mobile VR headset manufactured by
Xiaomi Xiaomi (; ) is a Chinese multinational corporation and technology company headquartered in Beijing, China. It is best known for consumer electronics software electric vehicles. It is the second-largest manufacturer of smartphones in the worl ...
(the device was released in the Chinese market as the Xiaomi Mi VR). Unlike the Oculus Rift, the Go is a standalone headset which is not dependent on a PC for operation. Unlike VR systems such as
Cardboard Cardboard is a generic term for heavy paper-based products. Their construction can range from a thick paper known as paperboard to corrugated fiberboard, made of multiple plies of material. Natural cardboards can range from grey to light brown ...
,
Daydream Daydreaming is a stream of consciousness that detaches from current external tasks when one's attention becomes focused on a more personal and internal direction. Various names of this phenomenon exist, including mind-wandering, fantasies, a ...
, and the Oculus co-developed
Samsung Gear VR The Samsung Gear VR is a virtual reality headset developed by Samsung Electronics, in collaboration with Oculus VR, and manufactured by Samsung. The headset was released on August 21, 2015. When in use, a compatible Samsung Galaxy device acts as ...
(where VR software is run on a
smartphone A smartphone is a mobile phone with advanced computing capabilities. It typically has a touchscreen interface, allowing users to access a wide range of applications and services, such as web browsing, email, and social media, as well as multi ...
inserted into a physical enclosure, and its screen is viewed through lenses), it contains its own dedicated display and mobile computing hardware. The headset includes a 5.5-inch
1440p 1440p is a family of video display resolutions that have a resolution of 1440 pixels on one side. In a display with a landscape orientation, 1440p refers to the vertical resolution. The ''p'' stands for progressive scan, i.e. non-interlaced. The ...
fast-switching LCD display, integrated speakers with spatial audio and a headphone jack for external audio, a
Qualcomm Snapdragon Snapdragon is a suite of system-on-chip (SoC) semiconductor products for mobile devices designed and marketed by Qualcomm, who often refers to these SoCs as "mobile platforms". They typically integrate central processing units (CPU) based o ...
821 system-on-chip, and 32 or 64 GB of internal storage. It runs an Android-based operating system with access to VR software via the Oculus Home user experience and
app store An app store, also called an app marketplace or app catalog, is a type of digital distribution platform for computer software called applications, often in a mobile context. Apps provide a specific set of functions which, by definition, do not i ...
, including games and multimedia apps. The Go includes a handheld controller reminiscent of one designed for the Gear VR, which uses relative motion tracking. The Oculus Go does not use positional tracking. While official sales numbers have not been released, according to IDC the Oculus Go and Xiaomi Mi VR had sold nearly a quarter million units combined during the third quarter 2018, and in January 2019 market analysis firm SuperData estimated that over a million Oculus Go units had been sold since the device's launch. In his keynote at 2018's Oculus Connect developer conference, John Carmack revealed that the Go's
retention rate Retention rate is a statistical measurement of the proportion of people that remain involved with a group from one time period to another. The concept is used in many contexts, including marketing, investment, education, employee management, rese ...
was as high as the Rift's, something that nobody at the company had predicted. Carmack also noted that the Go had done especially well in Japan despite lacking internationalization support and the company not specifically catering to the Japanese market. Oculus Go was declared end-of-life in June 2020, with software submissions to end in December 2020, and firmware support ending in 2022.


Oculus Rift S

On March 20, 2019, at the
Game Developers Conference The Game Developers Conference (GDC) is an annual conference for video game developers. The event includes an expo, networking events, and awards shows like the Game Developers Choice Award for Game of the Year, Game Developers Choice Awards and ...
, Facebook announced the Oculus Rift S, a successor to the original Oculus Rift headset. It was co-developed with and manufactured by
Lenovo Lenovo Group Limited, trading as Lenovo ( , zh, c=联想, p=Liánxiǎng), is a Chinese multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, servers, conv ...
, and launched at a price of US$399. The Rift S contains hardware features from the Oculus Go and Oculus Quest, including Oculus Insight, integrated speakers, and a new "halo" strap. The Rift S uses the same 1440p fast-switching LCD display and lenses as the Oculus Go (a higher resolution in comparison to the original model, but lower in comparison to Oculus Quest), running at 80 Hz, and is backwards compatible with all existing Oculus Rift games and software. Unlike the original Oculus Rift, it does not have hardware control for inter-pupillary distance. In September 2020, Facebook announced it would be discontinuing the Oculus Rift S and in April 2021, shipments of the headset ceased.


Comparison


Smart glasses

In September 2021, Reality Labs and
Ray-Ban Ray-Ban is a brand of luxury sunglasses and eyeglasses created in 1936 by Bausch & Lomb. The brand is best known for its Wayfarer and Aviator lines of sunglasses. In 1999, Bausch & Lomb sold the brand to Italian eyewear conglomerate Luxottica ...
announced
Ray-Ban Stories Ray-Ban Meta is a range of smartglasses created by Meta Platforms and EssilorLuxottica. They include two cameras, open-ear speakers, a microphone, and touchpad built into the frame. They are the latest in a line of smartglasses released by majo ...
, a collaboration on camera-equipped
smart glasses Smartglasses or smart glasses are eye or head-worn wearable computers. Many smartglasses include displays that add information alongside or to what the wearer sees. Alternatively, smartglasses are sometimes defined as glasses that are able to c ...
that can upload video to Facebook.


RakNet


Meta Quest Platform


Divisions


Oculus Studios

Oculus Studios is a division of Meta that serves as an umbrella organization for its first-party game development studios such as Beat Games,
Armature Studio Armature Studio, LLC is an American video game developer, video game development studio in Austin, Texas. The studio, founded by former Retro Studios directors Mark Pacini, Todd Keller and Jack Mathews in September 2008, developed ''Batman: Arkh ...
and
Sanzaru Games Sanzaru Games, Inc. is an American video game development company that was founded in Foster City, California in 2006. Sanzaru also has a satellite studio based in Ottawa, Ontario called Kitazaru, as well as an office in Dublin, California. Th ...
.


Founding

Initially the division was more broadly focused on funding, publishing and giving technical advice to third & second party studios to create games and experiences for
Oculus Rift Oculus Rift is a discontinued line of virtual reality headsets, virtual reality headsets developed and manufactured by Oculus VR, a virtual reality company founded by Palmer Luckey that is widely credited with reviving the virtual reality indust ...
. Meta pledged to invest more than US$500 million on Oculus Studios to make games and content. This period saw them build multi-game relationships with prominent studio partners in a second-party capacity, studios such as
Insomniac Games Insomniac Games, Inc. is an American video game developer based in Burbank, California, and part of PlayStation Studios. It was founded in 1994 by Ted Price as Xtreme Software, and was renamed Insomniac Games a year later. The company is most ...
,
Twisted Pixel Games Twisted Pixel Games, LLC is an American video game developer based in Austin, Texas. Originally a contractor, Twisted Pixel releases games based on its own intellectual properties such as '' The Maw'' and '' 'Splosion Man''. The company uses it ...
,
Turtle Rock Studios Turtle Rock Studios (known as Valve South between 2008 and 2010) is an American video game developer founded in March 2002 by Mike Booth. It was acquired by Valve in 2008, but was re-founded in 2010 as a subsidiary of Slamfire Inc. by Phil Rob ...
, and
Gunfire Games Gunfire Games, LLC is an American video game developer based in Austin, Texas. The studio was founded by David Adams in July 2014, bringing with him the core team of Crytek USA just before that studio's closure. The company was acquired by THQ N ...
. As focus moved away from the Rift and towards the very successful
Meta Quest 2 Quest 2 is a standalone virtual reality headset developed by Reality Labs, a division of Meta Platforms. It was unveiled on September 16, 2020, and released on October 13, 2020 as the Oculus Quest 2. It was then rebranded as the Meta Quest 2 ...
, the priority shifted to acquiring developers as first-party studios, so they could make exclusive games inhouse instead.


Acquisitions

Starting in 2020, Meta purchased both Beat Games (''
Beat Saber ''Beat Saber'' is a virtual reality rhythm game developed by Ján Ilavský, Vladimír Hrinčár, and Peter Hrinčár. The game was published by Czech game developer Beat Games and was later obtained by Oculus Studios. It takes place in many di ...
'') and
Sanzaru Games Sanzaru Games, Inc. is an American video game development company that was founded in Foster City, California in 2006. Sanzaru also has a satellite studio based in Ottawa, Ontario called Kitazaru, as well as an office in Dublin, California. Th ...
('' Asgard's Wrath'') and integrated them into Oculus Studios.
Ready at Dawn Ready At Dawn Studios LLC (RAD) was an American video game developer located in Irvine, California that was composed of former members of Naughty Dog and Blizzard Entertainment. Formed in 2003, the company was closely affiliated with Sony Compu ...
, a game studio composed of former members of
Naughty Dog Naughty Dog, LLC (formerly JAM Software, Inc.) is an American first-party video game developer based in Santa Monica, California. Founded by Andy Gavin and Jason Rubin in 1984, the studio was acquired by Sony Computer Entertainment in 2001. G ...
and
Blizzard Entertainment Blizzard Entertainment, Inc. is an American video game developer and Video game publisher, publisher based in Irvine, California, and a subsidiary of Activision Blizzard. Originally founded in 1991, the company is best known for producing the h ...
(and had also developed the Oculus Rift exclusive ''
Lone Echo ''Lone Echo'' is a 2017 virtual reality adventure game developed by Ready At Dawn, and published by Oculus Studios. Set aboard a space station orbiting Saturn, it allows players to move in zero-gravity by grabbing and pushing off of the environm ...
)'' were acquired in June 2020. In 2021, Meta began a deliberate effort of buying up studios that had made strong sales on their Quest 2 platform. In April 2021, Downpour Interactive, the developer of the virtual reality FPS multiplayer game, ''Onward'', were purchased. The team would migrate over to Oculus Studios, although the game would continue to receive updates on all supported VR platforms. In May 2021, Meta bought BigBox VR, the developers of the popular battle royale, ''Population: One, Population One''. In June 2021, Meta purchased Unit2 Games, the makers of ''Crayta'', a free-to-play platform that allows players to create and share their games via Facebook Gaming. Finally in November 2021, Meta purchased the formerly Microsoft owned studio,
Twisted Pixel Games Twisted Pixel Games, LLC is an American video game developer based in Austin, Texas. Originally a contractor, Twisted Pixel releases games based on its own intellectual properties such as '' The Maw'' and '' 'Splosion Man''. The company uses it ...
. The developer had been a successful second-party studio for Meta since 2017, and had produced the VR games ''Wilson's Heart (video game), Wilson's Heart'', ''B-Team'', ''Defector'', and ''Path of the Warrior'', all exclusively for Oculus platforms. Additionally, in October 2021, Meta announced they were purchasing Within (company), Within, the studio behind the successful VR fitness app, ''Supernatural''. It was stated they would continue to operate independently as part of Reality Labs. Later that year the FTC fair information practice, FTC conducted a probe into the 400 million dollar deal. In July 2022, the FTC attempted to sue Meta, as it was felt with the purchase of the studios behind both ''
Beat Saber ''Beat Saber'' is a virtual reality rhythm game developed by Ján Ilavský, Vladimír Hrinčár, and Peter Hrinčár. The game was published by Czech game developer Beat Games and was later obtained by Oculus Studios. It takes place in many di ...
'' and ''Supernatural'', they would unfairly corner the VR fitness market. This legal action has blocked the purchase indefinitely. In February 2023 the FTC lawsuit was denied and the purchase of ''Within'' went ahead for Meta. At the Meta Connect 2022 event in October, Meta announced that they had acquired
Armature Studio Armature Studio, LLC is an American video game developer, video game development studio in Austin, Texas. The studio, founded by former Retro Studios directors Mark Pacini, Todd Keller and Jack Mathews in September 2008, developed ''Batman: Arkh ...
and Camouflaj as new members of Oculus Studios. Armature had created the highly popular Quest 2 VR port of ''Resident Evil 4''. Camouflaj were best known for making ''République (video game), Republique'', and the PSVR exclusive ''Iron Man VR'' for Sony - this deal would see them port the latter game to the Quest 2 platform.


Oculus Publishing

In 2023, Meta announced the formation of a new division called ''Oculus Publishing'' aimed at third-party content funding, development support, and marketing. According to Meta, Oculus Publishing has been involved in the publishing of 300 titles including Among Us VR, Bonelab, The Walking Dead: Saints & Sinners, and Blade and Sorcery, Blade & Sorcery: Nomad.


Oculus Story Studio

Oculus Story Studio was an original animated virtual-reality film studio that existed between 2014 and May 2017, which launched three films. The studio aimed to pioneer animated virtual reality filmmaking and educate, inspire, and foster community for filmmakers interested in VR. Oculus Story Studio was first launched publicly at the 2015 Sundance Film Festival, where it presented three VR films - ''Dear Angelica'', ''Henry'', and ''Lost''. Despite generally positive reception and critical acclaim, the studio did not publish any other works and was closed in May 2017.


Litigation


ZeniMax Media

Following Facebook's acquisition of Oculus VR, ZeniMax Media, the parent company of
id Software id Software LLC () is an American video game developer based in Richardson, Texas. It was founded on February 1, 1991, by four members of the computer company Softdisk: game programmer, programmers John Carmack and John Romero, game designer T ...
and John Carmack's previous employer, sought legal action against Oculus, accusing the company of theft of intellectual property relating to the Oculus Rift due to Carmack's transition from id Software to Oculus. The case, ''ZeniMax v. Oculus'', was heard in a jury trial in the United States District Court for the Northern District of Texas, and their verdict was reached in February 2017, finding that Carmack had taken code from ZeniMax and used it in developing the Oculus Rift's software, violating his non-disclosure agreement with ZeniMax, and Oculus' use of the code was considered copyright infringement. ZeniMax was awarded $500 million in the jury verdict, later reduced to $250 million by the presiding judge, and the case was resolved in December 2018 through a confidential settlement agreement.


Immersion Corporation

In May 2022, Immersion Corporation sued Meta Platforms for patent infringement relating to the use of vibration functions in their gaming controllers.


See also

* HTC Vive * Valve Index * VirtualLink


References


External links


Official website

Meta Quest/Oculus official website

Official Oculus developer forum
{{AR and VR Oculus VR, Virtual reality companies Display technology Software companies based in the San Francisco Bay Area Technology companies based in the San Francisco Bay Area Companies based in Menlo Park, California American companies established in 2012 Electronics companies established in 2012 Software companies established in 2012 Technology companies established in 2012 2012 establishments in California Meta Platforms acquisitions 2014 mergers and acquisitions Head-mounted displays Virtual reality Companies based in San Francisco