We thought this was common knowledge, but some people don't know the ins and outs which is understandable.
Yes, Meta did buy Oculus. This deal was made back in 2014, This figure is made up of cash, shares, and other business sorts of things.
This is why there continues to be confusion about the naming conventions of their products. Everyone is familiar with terms like 'Oculus Rift', but he was discontinued in favor of the current 'Quest' line of products.So, yes, Oculus was brought by Facebook, which later rebranded to Meta. So now all VR headsets in this line now share the same 'Meta' prefix. We hope this clears things up.