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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 was keen on Facebook buying it since the social media company has the capital to invest in developing a virtual reality platform, he added. Fred O'Connor writes about IT careers and health IT for The IDG News Service. Follow Fred on Twitter at @fredjoconnor.culus was keen on Facebook buying it since the social media company has the capital to invest in developing a virtual reality platform, he added. Fred O'Connor writes about IT careers and health IT for The IDG News Service. Follow Fred on Twitter at @fredjoconnor.