Meta buys smart lensmaker Luxexcel to further AR ambitions

Facebook parent company Meta has acquired Luxexcel, a Dutch startup specializing in smart eyewear. News of the purchase 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 told the outlet. The company did not disclose the financial terms of the deal. Founded in 2009, Luxexcel began life as a prescription lens manufacturer. More recently, the comp...