Meta is acquiring Luxexcel, the company known for developing and patenting the methodology to 3D print lenses. The news was first reported in late December by the Belgian newspaper De Tijd. The terms of the deal have not been disclosed, although De Tij suggests that "Meta would have paid a hefty price." Meta spokesperson later confirmed the acquisition to UploadVR saying that Meta is "excited that the Luxexcel team has joined Meta, deepening the existing partnership between the two companies." Luxexcel was founded in 2009 and is best known for 3D printing to make prescription lenses for glasses. Currently, the Belgian-Dutch company focuses on developing smart lenses which can be printed with integrated technology like LCD displays and AR capabilities.