Meta has reportedly invested $3.5 billion in EssilorLuxottica, the eyewear company that owns Ray-Ban and Oakley. The two ...

Meta Plaforms Inc. bought a minority stake in the world’s largest eyewear manufacturer, EssilorLuxottica SA, deepening the US ...

The deal arrives one month after Meta debuted new Oakley Meta AI smart glasses in partnership with the eyewear company.

It was rumored last year that Meta was seeking a minority stake in French-Italian eyewear conglomerate EssilorLuxottica, not only the largest eyewear manufacturer in the world, but also Meta’s partner ...

Meta has ramped up its push into AI-powered wearables with a $3.5 billion (A$5.2 billion) investment in the maker of Ray-Ban ...

Meta deepens its AI wearables push with a $3.51 billion stake in EssilorLuxottica, aiming to expand smart glasses production ...

Meta buys 3% stake in EssilorLuxottica, signaling deeper push into smart glasses as interest in AI wearables grows.

Meta Platforms has made a strategic move in the world of smart glasses. The company has taken a stake of nearly 3% in EssilorLuxottica, the parent company of Ray-Ban. The investment, estimated at ...

Meta Platforms Inc. (NASDAQ: META) has acquired a nearly 3% stake in EssilorLuxottica SA (OTC: ESLOY), valued at ...

Meta and EssilorLuxottica first struck up a partnership in 2019, producing two generations of Ray-Ban Meta smart glasses.

Shares in EssilorLuxottica , the maker of Ray-Ban glasses, jumped on Wednesday after reports that Meta Platforms had acquired a stake of nearly 3% in the Franco-Italian company.

Meta Platforms Inc. bought a minority stake in the world's largest eyewear maker, EssilorLuxottica SA, a deal that increases ...