Considering small stake, FT reports citing sources (Il Sole 24 Ore Radiocor) - New York, 18 Jul - Facebook parent Meta has explored a multibillion-euro investment in eyewear group EssilorLuxottica, the Financial Times reported citing people with knowledge.

The Silicon Valley company has considered taking a small stake in the Franco-Italian group, the FT said as the social media platform intensifies its push to develop smart glasses.

The move comes as Meta has been holding talks with EssilorLuxottica to deepen their existing collaboration following the successful launch of a revamped version of their 'Ray-Ban Meta' smart glasses last year, the FT said, citing some of the people.

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(RADIOCOR) 18-07-24 16:36:57 (0559) 5 NNNN