Luxottica, Google clinch partnership for Glass eyewear
MILAN (Reuters) - 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)
- Tweet this
- Share this
- Digg this
- Nine reasons why India's WTO veto shocked the world
- Ebola patient coming to U.S. as aid workers' health worsens
- India says WTO deal not dead, can sign in Sept if concerns addressed
- India's demands block $1 trillion WTO deal on customs rules
- Nifty falls most in nearly 3-1/2 weeks; Sensex down over 400 points
Taking on Facebook
Austrian law student Max Schrems appealed to a billion Facebook users around the world on Friday to join a class-action lawsuit against Facebook's alleged violations of its users' privacy, stepping up a years-long data-protection campaign. Full Article
No cell service? goTenna lets users send texts without cellular network connectivity. Video
Microsoft ordered by U.S. judge to submit customer's emails from abroad. Full Article
Xiaomi's star rises as Chinese handset makers gnaw at Samsung's share: report. Full Article