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Meta Acquires Smart Eyewear Company Luxexcel, For AR Optics

Tech giant Meta has purchased Luxexcel, a Belgian-Dutch optics 3D printing startup, which specializes in smart eyewear. Recently, they’ve been concentrating on constructing complex glass lenses for AR optics. This acquisition would likely permit Meta to manufacture prescription augmented reality (AR) glasses, a long-awaited product for the company’s Reality Labs.

Meta has a history of purchasing smaller companies with outstanding technology in the field of AR and virtual reality (VR), with its flagship headset, the Quest, resulting from its 2014 acquisition of Oculus. However, the acquisition of VR fitness developers Within by Meta has been reviewed for antitrust violations, and the acquisition of Luxexcel may also be scrutinized.

This entry to the field of smart eyewear was an important milestone in Meta’s efforts to disrupt the technology industry and advance the creation of the metaverse.

Smart eyeglasses, augmented reality (AR), and other new technologies have the potential to play a key part in the formation and evolution of the digital universe we now call the’metaverse’. These technologies may enable users to access and engage with virtual environments in novel and inventive ways, thereby reshaping the manner in which we communicate, cooperate, and consume media.

Utilizing Luxexcel’s technology, Meta is likely trying to build AR glasses with prescription lenses. Reality Labs, who have received billions of dollars in funding, have long awaited the release of this device.

As the usage of AR and VR technology continues to grows and advance, firms like as Meta are positioning themselves at the forefront of the market by acquiring leading users and technology. The acquisition of Luxexcel may attract additional attention, but it may also offer Meta with new prospects and skills in the AR and smart eyewear markets.

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Meta Acquires Smart Eyewear Company Luxexcel, For AR OpticsTina concentrates on all matters related to NFT and Web3. Tina uses social media to spot NFT trends and report unique news.

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