Mark Zuckerberg-Led Meta Acquires Nearly 3% Of Ray-Ban, Oakley Parent EssilorLuxottica In $3.5 Billion Deal: Report

All NewsJuly 9, 2025

Meta has reportedly acquired a nearly 3% stake in Ray-Ban maker EssilorLuxottica for $3.5 billion, deepening its investment in AI-powered smart glasses amid intensifying competition in the wearable tech space.

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