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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.
Oculus VR is an American virtual reality technology company founded by Palmer Luckey and Brendan Iribe.Their first product, still in development, is the Oculus Rift, a head-mounted display for immersive technology virtual reality (VR).In March 2014, Facebook agreed to acquire Oculus VR for US$2 billion in cash and Facebook stock.heir first product, still in development, is the Oculus Rift, a head-mounted display for immersive technology virtual reality (VR).