It is important to remember that the company has a long history of creating VR products. The corporate rebranding underlines the importance of the metaverse and VR concepts. However, the tech giant’s relationship with VR goes back years. In 2014, it acquired Oculus VR in a $2 billion deal, and the purchase has paid off tremendously. Meta’s Oculus Quest virtual reality headset wasthe best-selling of 2021and is a leader in bringing VR to the masses.$Meta Platforms, Inc.(META)$
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