- 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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