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Facebook/Meta has been at the forefront of virtual reality technology for a few years now. With the release of Meta Quest 2, they are looking to solidify their lead in the industry. But who owns Meta Quest 2? Facebook, or is it something else?
The Meta Quest was originally developed by Oculus VR, a company founded by Palmer Luckey. Facebook/Meta acquired Oculus VR in 2014 for $2 billion. Meta Quest 2 is the latest VR headset from Facebook’s Oculus division. It was released on October 13, 2020.
In this article, I will look at who currently owns Meta Quest 2 and what that could mean for the future of virtual reality.
The History of Meta Quest 2
The founder of Oculus, Palmer Luckey, started the company in 2012. He was only 22 years old at the time. Luckey was interested in virtual reality and wanted to create a headset that would be accessible to everyone.
In 2014, Facebook acquired Oculus VR for $2 billion. This made Oculus one of the most valuable startups in history. Mark Zuckerberg, the CEO of Facebook, saw potential in Oculus and wanted to use it to help Facebook become a leader in virtual reality.
Meta Quest was released in 2019 and was a huge success. It was the first all-in-one VR headset that didn’t require a PC or phone to work. Quest was also very affordable, making it even more appealing.
Quest quickly became the best-selling VR headset on the market. In 2020, Facebook released the Meta Quest 2. It is an updated version of the original Quest with better specs and a lower price.
John Carmack, the CTO of Oculus, is one of the most influential people at the company. He is responsible for developing the software that powers Meta Quest.
Carmack has been working on VR technology for over 20 years and is considered to be a pioneer in the field.
Who Owns Meta Quest 2?
Palmer Luckey founded Oculus VR, but Facebook acquired it in 2014. Facebook Reality Labs is the current owner of Oculus and its products, including Meta Quest 2.
This could mean that Facebook is looking to control the virtual reality market. With Meta Quest being the best-selling VR headset, Facebook has a lot of power in the industry. They could use this power to control what content is available on Quest and how much it costs.
Facebook could also use Oculus to collect data on users. Since Oculus is connected to Facebook, the social media giant would be able to track what you do in VR. This data could be used for advertising or other purposes.
READ MORE! Do I Need a Facebook Account for Oculus Quest 2? (Solved!)
Key Features of the Meta Quest 2
The Meta Quest 2 has a lot of features that make it a great VR headset. It is an all-in-one device, so you don’t need a PC or phone to use it.
Quest 2 also has built-in speakers and microphones, so you can interact with people in VR without having to wear headphones.
The Quest 2 also comes with two controllers, which are used to interact with VR content. The controllers have sensors that track your hand movements, so you can use them to gesture or pick up objects in VR.
The Quest also has a high-resolution display powered by a Qualcomm Snapdragon processor. This makes it one of the most powerful VR headsets on the market.
The Quest line is a direct competitor to the HTC Vive, Valve Index, and Sony PlayStation VR headsets.
In terms of hardware, the Quest uses Qualcomm’s Snapdragon XR Platform to power its two 1440p OLED displays at up to 72 frames per second. The headset also has 64GB or 256GB of storage and a USB-C port for charging and data transfer.
For more information about the different VR headsets on the market, check out this product specification list.
The Future of Meta Quest 2
Meta Quest is currently the best-selling VR headset on the market. It is also one of the most affordable VR headsets. This makes it a great option for people who want to try virtual reality without spending a lot of money.
Quest could also be used to collect data on users. Facebook could use this data to track what you do in VR. This data could be used for advertising or other purposes.
The Quest is also a great option for people who want to interact with people in VR without having to wear headphones. The built-in speakers and microphones make communicating with others in VR easy.
Facebook has a lot of control over Oculus and Quest, but it is not clear what they plan to do with this power.
They could use Oculus to dominate the VR market, or they could use it to collect data on users. Only time will tell what Facebook’s plans are for Meta Quest.
FAQ
Who owns Meta Quest 2?
Do you need a PC or phone to use Meta Quest 2?
What is the difference between Meta Quest 2 and Oculus Rift?
Is Oculus a public company?
Final Thoughts
Meta Quest 2 is a great VR headset with many features that make it a great option for people who want to try virtual reality. However, Facebook has a lot of control over Oculus and Quest, which could be used to collect data on users.
Only time will tell what Facebook’s plans are for Meta Quest. I hope this article helped you understand who owns Meta Quest and what their plans could be for the future.
Espen
Espen is the Director of PursuitMeta and has written extensively about Virtual Reality and VR Headsets for years. He is a consumer product expert and has personally tested VR Headsets for the last decade.
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