Meta Acquires Luxexcel to Boost AR Capabilities

Meta Acquires Luxexcel to Boost AR Capabilities

A Dutch business that specialises in smart eyewear, Luxexcel, has been purchased by Meta, the parent company of Facebook. De Tijd first the news of the transaction, and TechCrunch subsequently verified it. A Meta spokeswoman told the newspaper, “We’re thrilled that the Luxexcel team has joined Meta, expanding the existing cooperation between the two firms. The deal’s financial details were kept private by the corporation.