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Tuesday / June 25.
HomeminewsSocial Media Giant Buys Lens Company

Social Media Giant Buys Lens Company

Facebook’s parent company Meta has acquired Luxexcel, a smart eyewear company headquartered in the Netherlands.

The terms of the deal, first reported in the Belgian paper De Tijd, have not been disclosed. Luxexcel uses 3D printing to make prescription lenses for glasses. Instead of relying on grinding and polishing, the lenses are built up layer-by-layer in a material jetting process.

It’s likely Meta will now deploy 3D printing in the development of further augmented reality (AR) glasses…

The company has recently focussed its efforts on smart lenses, which can be printed with integrated technology like LCD displays and holographic film.

It’s likely Meta will now deploy 3D printing in the development of further augmented reality (AR) glasses, as well as technologies that make its metaverse more immersive.

Meta issued a statement to technology news site TechCrunch saying: “We are delighted that the Luxexcel team has joined Meta. This extends the partnership between the two companies.”