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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 and EssilorLuxottica first struck up a partnership in 2019, producing two generations of Ray-Ban Meta smart glasses.
Meta Platforms is looking to deepen its relationship with its smart-glasses partner as part of a new vision of the Metaverse.
Meta's $3.5bn investment enhances its partnership with EssilorLuxottica, advancing their long-term collaboration on ...
Meta Platforms Inc. bought a minority stake in the world's largest eyewear maker, EssilorLuxottica SA, a deal that increases ...
Meta Platforms Inc. (NASDAQ: META) has acquired a nearly 3% stake in EssilorLuxottica SA (OTC: ESLOY), valued at ...
Meta has opened a new £12m audio research lab in Cambridge, aimed at improving the sound capabilities of its AR and AI ...
Meta bought a stake worth around 3 billion euros ($3.52 billion) in EssilorLuxottica at the current market price and is ...
Meta has purchased a 3% stake in eyewear manufacturer EssilorLuxottica for approximately $3.5 billion, according to Business ...
Apple is set to launch its smart glasses in 2027, challenging Meta's Ray-Ban. Unlike the Vision Pro, these glasses will be ...
Meta Platforms has acquired close to a 3% stake in eyewear giant EssilorLuxottica, a move that signals the company’s growing ...