Meta Acquires Berlin-based Haptic Tech Startup Lofelt

Meta has acquired Lofelt, a Berlin-based startup developing advanced haptic technologies for VR and other devices. According to The Wall Street Journal, the acquisition took place earlier this summer, however the deal came to light only just last week.“Lofelt is now embarking on a new adventure, and we will sunset our products on July 7th, 2022,” the company writes on its webpage. That’s how the company broke the news a few weeks ago that it was winding down its products, albei