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
Essilor is a France-based accessories company that designs, manufactures, and sells products such as ophthalmic lenses, frames, and sunglasses for individuals.