Meta Acquires ImagineOptix For Undisclosed Sum

December 22, 2021 1:35 PM | 24 seconds read | Make a Comment

Meta Platforms Inc FB has acquired ImagineOptix, the Information reports.
The financial terms of the transaction remain undisclosed.
ImagineOptix is a North Carolina-based startup specializing in liquid crystal lenses that could be instrumental in reducing the size of VR headsets.
Meta, formerly Facebook, is the world's largest online social network, with 2.5 billion monthly active users.
Price Action: FB shares traded lower by 1.37% at $329.61 on the last check Wednesday.

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