According to Belgian media De Tijd, Meta Platforms (NASDAQ:META) has acquired Belgian 3D printing lens company Luxexcel, and the specific terms of the deal are unclear. Meta said it is very pleased to have the Luxexcel team on board, which expands the partnership between the two companies.
Founded in 2009, Luxexcel has been focusing on 3D printed lenses, allowing users to quickly create exclusive lenses at affordable prices according to their vision parameters. With the rise of AR/VR, Luxexcel has leveraged its extensive experience in 3D printing, optics, and materials knowledge to enter the said field, and has partnered with the likes of Lumus and WaveOptics to develop lens modules for AR. Among them, Luxexcel’s technology can help print lenses that contain air gaps, allowing waveguides to work properly.