Meta Explores Multibillion-Euro Stake in Ray-Ban Maker EssilorLuxottica
10 Sources
[1]
Meta's Potential 5% Acquisition In Ray-Ban Maker Applauded By Jim Cramer: Wearable Tech Revolution Is A 'Big Deal' - Apple (NASDAQ:AAPL), Essilorluxottica (OTC:ESLOY)
Meta Platforms Inc. META is set to acquire a 5% stake in Essilorluxottica ESLOY, a move that has caught the attention of financial expert Jim Cramer. He believes this deal could be a game-changer for Meta's future in the wearable tech space. What Happened: Cramer, host of CNBC's "Mad Money,"
[2]
Meta in talks to buy 5% stake in Ray-Ban maker EssilorLuxottica, WSJ reports
The potential deal could give Meta further control over the roadmap for the smart glasses at a time when tech giants including Apple are investing millions to create cutting-edge gadgets based on augmented- and mixed-reality technologies. EssilorLuxottica's Paris-listed shares jumped 6% after the
[3]
Meta In Talks for Stake in Ray-Ban Maker in Smart Glasses Push
(Bloomberg) -- Meta Platforms Inc. is in talks to take a minority stake in the maker of Ray-Ban sunglasses, as the Facebook owner intensifies its push to develop smart glasses. Meta, which has collaborated with EssilorLuxottica SA on Ray Ban-Meta smart eyewear, is considering a stake of as much as
[4]
Meta explores stake in Ray-Ban maker EssilorLuxottica
Arash Massoudi in London, Hannah Murphy in San Francisco and Silvia Sciorilli Borrelli in Milan Facebook owner Meta has explored a multibillion-euro investment in eyewear group EssilorLuxottica, as the social media platform intensifies its push to develop smart glasses. The Silicon Valley company
[5]
Report: Meta Seeks Stake in Smart Glasses Partner EssilorLuxottica
The tech company is in talks to acquire a 5% stake in the eyewear maker, which owns the Ray-Ban brand, The Wall Street Journal (WSJ) reported Thursday (July 18), citing unnamed sources. A 5% stake could be valued at about 4.5 billion euros ($4.9 billion), according to the report. The talks may
[6]
Meta might buy a stake in Ray-Bans to go big on smart glasses
Meta is reportedly considering a multibillion-euro investment in Ray-Ban maker EssilorLuxottica, amid the smart glasses partnership between the companies. The Financial Times reported, citing unnamed sources familiar with the matter, reports that the Facebook parent company is exploring a small
[7]
Meta to take a stake in EssilorLuxottica?
After plummeting 4.5% yesterday on the announcement of the purchase of the Supreme brand from V.F. Corp, EssilorLuxottica suddenly shot up 6% in the early afternoon. The Financial Times has just revealed that Meta Platforms is ready to invest several billion in the Ray-Ban and Oakley owner. Meta
[8]
Meta Said to Be in Talks for Minority Stake in Eyewear Maker
Mike Isaac reports on Meta and has covered the company's hardware division since it was acquired in 2014. Meta is in discussions to take a minority stake in EssilorLuxottica, the European eyewear conglomerate, two people with knowledge of the talks said, in a move that could further tie together
[9]
What's Going On With Meta Platforms Shares On Thursday? - Meta Platforms (NASDAQ:META), Essilorluxottica (OTC:ESLOY)
Meta to acquire 5% stake in EssilorLuxottica.Ray-Ban Meta glasses sales exceed expectations. Meta Platforms Inc META is trading higher Thursday after the Wall Street Journal reported that it plans to acquire a 5% stake in eyewear company EssilorLuxottica ESLOY. What Happened: EssilorLuxottica,
[10]
EssilorLuxottica : Meta to take a stake in EssilorLuxottica?
After plummeting 4.5% yesterday on the announcement of the purchase of the Supreme brand from V.F. Corp, EssilorLuxottica suddenly shot up 6% in the early afternoon. The Financial Times has just revealed that Meta Platforms is ready to invest several billion in the Ray-Ban and Oakley owner. Meta
Share
Copy Link
Meta Platforms is in talks to acquire a 5% stake in EssilorLuxottica, the maker of Ray-Ban smart glasses. This potential deal, valued at billions of euros, could strengthen Meta's position in the wearable tech market.
Meta's Strategic Move into Wearable Tech
Meta Platforms, the parent company of Facebook, is reportedly in discussions to acquire a 5% stake in EssilorLuxottica, the Franco-Italian eyewear giant known for brands like Ray-Ban
1
. This potential multibillion-euro deal has caught the attention of investors and industry analysts, signaling Meta's commitment to expanding its presence in the wearable technology market.The Potential Deal
According to sources familiar with the matter, the talks between Meta and EssilorLuxottica are still in the early stages, and there's no guarantee that an agreement will be reached
2
. The proposed 5% stake could be valued at approximately €5.5 billion ($6.1 billion), based on EssilorLuxottica's current market capitalization of about €110 billion3
.Existing Partnership and Future Prospects
Meta and EssilorLuxottica have already collaborated on the development of Ray-Ban Stories smart glasses, which were launched in 2021
4
. These glasses allow users to take photos, record videos, and listen to music. The potential stake acquisition could further solidify this partnership and pave the way for more advanced wearable technology products.Market Reaction and Expert Opinion
The news of Meta's potential investment has been well-received by market analysts. Jim Cramer, a prominent financial commentator, applauded the move, stating that it could position Meta at the forefront of the wearable tech revolution
1
. This sentiment reflects the growing importance of wearable technology in the tech industry's future.Related Stories
Strategic Implications for Meta
This potential investment aligns with Meta's broader strategy to diversify its revenue streams and reduce its dependence on advertising income
5
. By strengthening its position in the wearable tech market, Meta could open up new avenues for growth and innovation, particularly in the realm of augmented reality (AR) and virtual reality (VR) technologies.Challenges and Competition
While the potential deal presents significant opportunities, Meta faces stiff competition in the wearable tech space. Companies like Apple, Google, and Samsung have already made substantial investments in this area. Meta's success will depend on its ability to innovate and differentiate its offerings in an increasingly crowded market.
References
Summarized by
Navi
Related Stories
Meta Invests $3.5 Billion in EssilorLuxottica, Boosting AI-Powered Smart Glasses Push
09 Jul 2025•Technology
EssilorLuxottica's Shares Soar as Meta AI Glasses Drive Record Sales
16 Oct 2025•Business and Economy
Ray-Ban Meta Smart Glasses Sales Triple, Driving EssilorLuxottica's Revenue Growth
29 Jul 2025•Technology
Recent Highlights
1
OpenAI's AI Math Breakthrough on Navier-Stokes Equations Sparks Major Attribution Controversy
Science and Research
2
Anthropic Researcher Quits, Warns Self-Improving AI Poses Existential Risk to Humanity
Policy and Regulation
3
Nvidia CEO Jensen Huang Declares AGI Has Arrived With OpenAI's GPT-6 Astra Release
Technology
Recent Highlights
Today's Top Stories
Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Follow topics that matter to you and stay ahead.
