Reality Labs

Meta's Headsets, Glasses and the Reality Labs Bill

Facebook agreed to buy Oculus for about $2 billion in 2014, then built its consumer VR business around the standalone Quest line, beginning with Quest in 2019 and lower-priced Quest 2 in 2020. Meta also partnered with EssilorLuxottica on camera and AI glasses, moving from Ray-Ban Stories to Ray-Ban Meta, Oakley models, display-equipped glasses and a Meta-branded glasses line; Orion remains a prototype rather than a product for sale.