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

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

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

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

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

Shares in EssilorLuxottica , the maker of Ray-Ban glasses, jumped on Wednesday after reports that Meta Platforms had acquired ...

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

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

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