CEO Mark Zuckerberg told Meta Platforms’ potential investment in eyewear manufacturer EssilorLuxottica will be a “symbolic” move to solidify their long-term collaboration.
“I think we’ve talked about investing in them. It’s not going to be a major thing. I’d say it’s more of a symbolic thing. We want to have this be a long-term partnership, and as part of that, I thought that this would be a nice gesture,” Zuckerberg said in a video interview published late on Wednesday.
“I fundamentally believe in them a lot. I think that they’re going to go from being the premier glasses company in the world to one of the major technology companies in the world,” he added.
EssilorLuxottica said earlier this month that it had extended its collaboration with Meta to develop smart eyewear.
Following a media story claiming that the two businesses had discussed Meta acquiring a five percent share in the French-Italian group, EssilorLuxottica acknowledged in July that the tech giant may undertake an investment in the company.
Facebook’s parent company Meta unveiled the Orion augmented reality glasses at its annual Connect conference on Wednesday. This is the first operational prototype of the glasses.
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