EssilorLuxottica and Meta Platforms Commit to Future of Smart Eyewear with Extended Partnership

In a significant development for the smart eyewear industry, EssilorLuxottica ESLOF, the renowned multinational corporation known for its eyewear brands, has renewed its commitment with Meta Platforms, Inc. META, a leading player in social media and technology, through a new strategic long-term agreement to produce next-generation smart glasses. Although details regarding the financial terms remain undisclosed, the partnership anticipates multiple generations of cutting-edge eyewear products.

An Evolving Partnership

Since joining forces in 2019, EssilorLuxottica and Meta Platforms have successfully launched two iterations of Ray-Ban branded smart glasses, signalizing a transformative era in wearable tech. These products have set a precedent for integrating style, functionality, and communication in one package. The evolutionary collaboration aims to meld EssilorLuxottica's prowess in design and eyewear expertise with Meta Platforms' innovative digital technologies to create sophisticated, user-friendly smart eyewear.

About EssilorLuxottica and Meta Platforms

EssilorLuxottica ESLOF is a global leader in the design, manufacture, and distribution of ophthalmic lenses, frames, and sunglasses. Headquartered in Charenton-le-Pont, France, the company holds a reputable portfolio of eyewear brands that cater to a diverse market. On the other hand, Meta Platforms, Inc. META, headquartered in Menlo Park, California, is at the forefront of connecting people worldwide through various platforms, including mobile devices, PCs, virtual reality headsets, and home devices.

The Future of Smart Eyewear

The extended partnership is poised to accelerate the development of smart eyewear technology. With both companies' combined strengths, future products could redefine how individuals interact with their environment and access information while promoting a seamless blend of digital and physical worlds. This ambitious endeavor reflects a shared vision of innovating the eyewear industry and enhancing user experiences with technology.

EssilorLuxottica, Meta, Partnership