Meta Acquires Luxexcel
Summary
The acquisition will presumably enable Meta to produce prescription AR glasses. Founded in 2009, Luxexcel is a technology provider for 3D printed prescription lenses. The company aims to accelerate the adoption of consumer smart eyewear by meeting the needs of more than 75% of the adult world population requiring prescription lenses. Original equipment and device manufacturers use it to design and produce custom, lightweight, smart prescription eyewear on-demand and in a fashionable form factor suitable for the mass market. The company also has branch offices in Belgium and the United States.
Funding
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