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 eye-wear maker EssilorLuxottica SA, a deal that increases ...

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

It comes amid reports the Facebook and Instagram owner has purchased a minority stake in Oakley and Ray-Ban owner ...

This partnership deepens their collaboration on AI-driven smart glasses, which includes the Ray-Ban models equipped with ...

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.

The deal, which could eventually see Meta’s stake in EssilorLuxottica rise to 5 per cent, marks a strategic collaboration ...

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The minority stake in EssilorLuxottica will allow Meta to continue its push to manufacture smart glasses with AI features.

Meta has purchased a 3% stake in eyewear manufacturer EssilorLuxottica for approximately $3.5 billion, according to Business ...