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

Meta Platforms has acquired a minority stake in EssilorLuxottica, the parent company of Ray-Ban and Oakley, valued at ...

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

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The advance of as much as 5.5 percent on Wednesday gave EssilorLuxottica a market value of EUR 116.5 billion (roughly Rs. 11,68,623 crore). Warby Parker, a competing glasses-maker, rose 4.5 percent in ...

Meta bought a stake worth around 3 billion euros ($3.52 billion) in EssilorLuxottica at the current market price and is ...

Meta Platforms reportedly has taken a stake in EssilorLuxottica, the world's biggest eyewear maker, as the U.S. tech giant further commits to metaverse and AI-powered smartglasses. Reuters and ...

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For around 3.5 billion US dollars, Meta is acquiring a 3 percent stake in Essilor Luxottica –, the eyewear manufacturer behind Ray-Ban, Oakley and Co.

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