Meta Acquires Luxexcel to Boost AR Capabilities

Meta Acquires Luxexcel to Boost AR Capabilities

Luxexcel started out in business as a maker of prescription lenses in 2009. The business has gained notoriety lately in the field of augmented reality. For instance, it collaborated with WaveOptics in the beginning of 2021, which Snap later that year acquired for $500 million. As TechCrunch notes, there are claims that Luxexcel and Meta previously collaborated on the business’s Project Aria AR spectacles.