Meta’s throwing more money into the metaverse with its acquisition of Luxexcel, a Netherlands-based company that specializes in 3D-printing prescription lenses for smart glasses. The news was first reported by Dutch outlet De Tijd (via TechCrunch), but Meta has since confirmed to The Verge that it purchased the company.

“We’re excited that the Luxexcel team has joined Meta, deepening the existing partnership between the two companies,” Meta says in a statement provided by Ryan Moore, the company’s head of financial communications. While the terms of the deal are unknown, Meta CTO and Reality Labs head, Andrew Bosworth, revealed in a blog post earlier this month that the company’s pouring “about half” of the metaverse-focused division’s...

Continue reading…