Source: Benzinga

Essilor: Tech Giants Potentially Seek Partnership With Ray Ban Maker After Smart Glasses Collaboration

EssilorLuxottica (OTC:ESLOY) stock rose after the eyewear giant revealed interest from Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and other major technology companies in exploring partnerships following its collaboration with Meta Platforms (NASDAQ:META) to develop Ray-Ban smart glasses.EssilorLuxottica CEO Francesco Milleri highlighted the company's awareness of Meta's intention to take a stake in the company. However, any share purchases by Meta would need to be conducted on the open market.This statement followed a report by The Wall Street Journal indicating that ...Full story available on Benzinga.com

Read full article »
Est. Annual Revenue
$5.0-10B
Est. Employees
50-100K
Paul du Saillant's photo - Chairman & CEO of Essilor

Chairman & CEO

Paul du Saillant

CEO Approval Rating

73/100

Read more