The Belgian-Dutch company Luxexcel has been bought by Meta, the parent company of American tech giant Facebook.
The Belgian-Dutch company Luxexcel has been bought by Meta, the parent company of American tech giant Facebook.
according to details from the Belgian publication De Tijd, which Meta later verified on Wednesday.
according to details from the Belgian publication De Tijd, which Meta later verified on Wednesday.
Complex eyeglass lenses are produced using 3D printing technology, a specialty of Luxexcel.
Complex eyeglass lenses are produced using 3D printing technology, a specialty of Luxexcel.
The Luxexcel team joining Meta is something we are really excited about. This strengthens the two companies' collaboration, according to Meta.
The Luxexcel team joining Meta is something we are really excited about. This strengthens the two companies' collaboration, according to Meta.
The business is increasingly integrating digital technology into the lenses themselves, opening up the optics industry to augmented reality (AR) technologies.
The business is increasingly integrating digital technology into the lenses themselves, opening up the optics industry to augmented reality (AR) technologies.
There are rumours that Luxexcel and Meta formerly worked together to create the specialty lenses utilised in Meta's Project Aria.
There are rumours that Luxexcel and Meta formerly worked together to create the specialty lenses utilised in Meta's Project Aria.
a project that aims to produce everyday glasses with built-in augmented reality technology
a project that aims to produce everyday glasses with built-in augmented reality technology
De Tijd claims that Meta paid a hefty sum for the business, which is headquartered in Turnhout, close to Antwerp.
De Tijd claims that Meta paid a hefty sum for the business, which is headquartered in Turnhout, close to Antwerp.