Meta takes over Netherlands-based 3D smart glass maker Luxexcel

By VARINDIA - 2022-12-31

Meta takes over Netherlands-based 3D smart glass maker Luxexcel

Meta has taken over the Netherlands-based 3D smart glass maker Luxexcel.

 

Luxexcel has the ability to integrate the elements needed to create an Augmented Reality (AR) experience within a prescription lens, such as holographic film and projectors, as per news reports.

 

Meta has not disclosed the amount of the deal to acquire the company.

 

"We're excited that the Luxexcel team has joined Meta, deepening the existing partnership between the two companies," Meta said in a statement.

 

Luxexcel's 3D printed prescription lenses can be used inside AR glasses.

 

In 2021, the company partnered with WaveOptics that provides the displays for Snap's Spectacles.

 

Meta Founder and CEO Mark Zuckerberg in a company’s earnings call said that the new high-end VR headset would deliver high-resolution mixed reality to blend virtual objects into the physical environment around the users.

 

"Our goal for the Quest Pro line over the next several years was to enable more and more people to get their work done in virtual and mixed reality even better than they could on PCs," said Zuckerberg.

 

However, Meta is reportedly struggling to gain and keep users on its Social Virtual Reality (VR) platform called Horizon Worlds -- its biggest bet to fulfil its $10 billion metaverse dream.


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