Launched in 2012, Oculus was bought by data-hungry tech giant Facebook for $2 billion in 2014. At the time, Oculus co-founder Palmer Luckey said you wouldn't need a Facebook account to use Oculus. Yet this change was introduced last year to come into place for all users by 2023.

Did Facebook Buy Out Oculus?

When Facebook (NASDAQ:FB) acquired Oculus for $3 billion in 2014, the company made some promises to the company's founders and users.

Does Mark Zuckerberg own Oculus?

Facebook acquired VR company Oculus in 2014 for an estimated US$2.3 billion. ... At the same event last year, Zuckerberg said Facebook sees VR as a pathway to a new kind of “social computing platform” using the enhanced feeling of “presence” that VR affords.