Oculus is a virtual reality company owned by Facebook that specializes in creating VR hardware and software. Their flagship product is the Oculus Rift, a high-end VR headset that provides an immersive gaming and entertainment experience. Oculus has also developed the Oculus Quest, a standalone VR headset that does not require a PC or external sensors. The company is known for pushing the boundaries of VR technology and creating innovative experiences for users.