12:25 - 9.07.2025

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July 9, Fineko/abc.az. American corporation Meta has become a minority shareholder of EssilorLuxottica, the owner of brands Ray Ban and Oakley.

ABC.AZ reports that the company acquired just under 3% of the shares and is considering increasing the stake to 5%. Meta and EssilorLuxottica have been collaborating on development of smart glasses with AI since 2021. In June, the parties presented a new model of glasses under the Oakley brand.