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Oculus VR. Oculus VR (simply known as Oculus) is an American technology company founded by Palmer Luckey in June 2012 in Irvine, California, now based in Menlo Park. It specializes in virtual reality hardware and software products.
SteamVR is a virtual reality system, with a headset built by Valve and partner HTC. The headset itself is called the HTC Vive. Like the Oculus Rift, the Vive is a VR device that contains two screens (1080x1200 resolution) streaming data at high refresh rates (90Hz) to create the sense of 3D virtual reality.ccording to the CEO of Oculus, the consumer Rift headset and a PC capable of running it will cost around $1500. Since Oculus has announced the system specs needed to run its headset, we can guess that the Oculus Rift will cost around $300âconceivably as low as $200 or as high as $400.