Meta buys Luxexcel

Model of a 3D-printed spectacle lens. Photo: Luxexcel

Tech giant Meta (Facebook, Instagram, Whatsapp) has looked to Europe to accelerate its ambitions from the Metaverse, buying Luxexcel, a company specializing in 3D printing of eyeglass lenses.

Luxexcel, which was founded in 2009, started out as a manufacturer of prescription spectacle lenses. Since then, the Dutch-Belgian company has been able to integrate the elements needed for an augmented reality (AR) experience into an eyeglass lens, such as holographic foils and projectors.

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Meta did not disclose the price for the acquisition. In a statement, the company said it is pleased that the Luxexcel team is finally joining Meta and expects the purchase to deepen the existing partnership between the two companies.

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