MILAN Ray-Ban sunglasses maker Luxottica (LUX.MI) said on Monday it had sealed a strategic partnership with Google (GOOG.O) to design and distribute a new kind of eyewear for the U.S. group's Internet-connected Glass eyewear.
In a statement, Luxottica said the two groups would work together to create innovative wearable devices for Google's iconic Glass brand.
No financial terms were provided.
Luxottica said its two major brands, Ray-Ban and Oakley, would be part of the collaboration with Glass but gave no further details.
"We believe that a strategic partnership with a leading player like Google is the ideal platform for developing a new way forward in our industry and answering the evolving needs of consumers on a global scale," Luxottica Chief Executive Officer Andrea Guerra said.
(Reporting by Stephen Jewkes)
Trending On Reuters
Insomniacs, light sleepers and others who blink bleary eyes every morning could be the next target of technology companies looking to come up with ideas to improve any given aspect of consumers' lives. Full Article