Skip to navigationSkip to content
METAVERSE SHOPPING SPREE

What Facebook’s VR acquisitions tell us about its future

Facebook's Oculus Quest and Rift S virtual reality headsets.
Facebook
The Oculus Quest and Rift S virtual reality headsets.
  • Jasmine Teng
By Jasmine Teng

Associate membership editor

Published Last updated on

Facebook’s quest for the metaverse started in 2014, when it bought Oculus (a name it recently discarded) for $2 billion. Since then, it’s made numerous VR acquisitions: Just one day after it rebranded to Meta, the company announced it was buying the VR workout app Supernatural.

A close look at Facebook’s slew of acquisitions hints at what the company thinks the future of VR will look like.

Gaming is still the key to VR

📬 Kick off each morning with coffee and the Daily Brief (BYO coffee).

By providing your email, you agree to the Quartz Privacy Policy.