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Facebook parent Meta buys Belgian-Dutch company Luxexcel

Meta, the parent company of American tech giant Facebook, has acquired the Belgian-Dutch company Luxexcel, according to information from Belgian newspaper De Tijd and later confirmed by Meta on Wednesday.

Luxexcel specialises in 3D printing technology which is used for complex glasses lenses. “We are delighted that the Luxexcel team has joined Meta. This extends the partnership between the two companies,” Meta stated.

Increasingly, the company is incorporating digital technology into the lenses themselves, paving the way for augmented reality (AR) technology in the optics sector.

By The Brussels Times

Image Credit: Luxexcel

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