Facebook guardian firm Meta has acquired Luxexcel, a Dutch startup specializing in good eyewear. News of the acquisition was first reported by De Tijd and later confirmed by TechCrunch. “We’re excited that the Luxexcel team has joined Meta, deepening the existing partnership between the two companies,” a Meta spokesperson instructed the outlet. The firm didn’t disclose the monetary phrases of the deal.
Founded in 2009, Luxexcel started life as a prescription lens producer. More not too long ago, the corporate has made a reputation for itself within the augmented actuality house. At the beginning of 2021, as an example, it partnered with WaveOptics, the show producer Snap paid $500 million later that very same yr to purchase. As TechCrunch factors out, there are additionally rumors Luxexcel beforehand labored with Meta on the corporate’s Project Aria AR glasses.
The acquisition comes as Meta faces regulatory scrutiny from the Federal Trade Commission over its buy of Supernatural developer Within. The company sued…
2022-12-31 12:06:29
Source from www.engadget.com