Home Metaverse Meta acquires Dutch startup Luxexcel as it doubles down on its metaverse dream in 2023 | AsiaTechDaily

Meta acquires Dutch startup Luxexcel as it doubles down on its metaverse dream in 2023 | AsiaTechDaily

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Meta acquires Dutch startup Luxexcel as it doubles down on its metaverse dream in 2023 |  AsiaTechDaily

Source: news.google.com

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Meta (formerly Facebook) has announced the acquisition of 3D smart glass maker Luxexcel as it doubles down on its metaverse dream in 2023.

The Dutch startup that specializes in smart glasses can integrate the elements needed to create an augmented reality (AR) experience inside a prescription lens, such as holographic film and projectors, The Verge reported.

However, Meta did not disclose how much it spent on the Luxexcel acquisition.

In a statement, the company said it is excited for the Luxexcel team to finally join Meta.

The purchase is expected to deepen the existing partnership between the two companies, he added.

The Luxexcel acquisition came as Meta is grappling with…

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