Facebook has the developer Ready At Dawn, known for example from the PS4 third-person shooter "The Order: 1886". This makes Ready At Dawn a part of Oculus Studios, but it may continue to work independently.
Ready At Dawn has been cooperating with Oculus Studios for some time. Several titles have already been developed for the Oculus platform, including "Lone Echo", "Echo Arena" and "Echo Combat". Another piece of good news is that all employees will be retained. Ready At Dawn is continuing work on the upcoming "Lone Echo 2". They also have "exciting plans" for future games, but are not ready to give further details at this time.
"We are very pleased with the success of Echo VR for Quest and Ready At Dawn will continue to support and grow this franchise. Ready At Dawn has exciting plans for future games and we hope to bring these experiences to as many people as possible, but we are not ready to share details at this time," Oculus said.
Source: Oculus Blog