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Meta buys £2.6bn stake in Ray-Ban maker Essilor Luxottica

Meta takes around 3% stake in Ray-Ban-parent EssilorLuxottica, source says

Meta Platforms has acquired a nearly 3% stake in eyewear maker EssilorLuxottica, a source told Reuters on Tuesday, amid growing consumer interest in AI-powered wearable devices. Sprucing up its wearab

CNBC on MSN · 1d

Shares of Ray-Ban maker EssilorLuxottica jump 6% on reported Meta stake in AI push

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

eWeek · 15h

Meta Invests $3.5B in Ray-Ban, Oakley Maker to Create AI Smart Glasses

Meta has reportedly invested $3.5 billion in EssilorLuxottica, the eyewear company that owns Ray-Ban and Oakley. The two companies have been in partnership since 2020, collaborating on glasses featuring artificial intelligence technology.

23hon MSN

EssilorLuxottica shares jump after reports that Meta bought 3% stake

By Elisa Anzolin and Juby Babu (Reuters) -Shares in EssilorLuxottica, the maker of Ray-Ban glasses, jumped on Wednesday after ...

20h

Intel's Mobileye stake, Meta & EssilorLuxottica, Starbucks China

Intel (INTC) is cutting its stake in Mobileye (MBLY), planning to sell $900 million in shares. According to Bloomberg, Meta ...

EssilorLuxottica share price jumps on Meta’s 3% stake

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

22hon MSN

Health Care Roundup: Market Talk

Find insight on Chinese pharmaceutical companies, EssilorLuxottica and more in the latest Market Talks covering Health Care.

Meta invests 3.5 billion US dollars in eyewear manufacturer

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.

Portfolio Adviser1d

Terry Smith on Fundsmith’s first half purchases, exits and laggards

Fundsmith Equity manager Terry Smith began to build stakes in Zoetis, Intuit and EssilorLuxottica in H1, while he blasted ...

Trustnet6d

Terry Smith exits Brown-Forman for eyewear giant EssilorLuxottica

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