World’s largest eyewear manufacturer Luxottica has signed a deal with Google to get Google Glass to the wider market in 2015.
The Italian company, best known for its Ray-Ban, Persol and Oakley brands will design and develop eyewear to be integrated with Google’s smart technology enabling users to read information on a small display within the field of view, accessing Internet, email or various applications.
"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," said Luxottica Chief Executive Officer Andrea Guerra, without disclosing any further details regarding the cooperation and its financial aspects.
It is believed the company’s two major brands, Ray-Ban and Oakley, will be part of the deal.
Many technology experts believe wearable computers such as Google Glass will be the next big market for consumer devices, and could mirror the way smartphones evolved from personal computers.
However, some express concern over issues such as privacy intrusion, data security and the safety of wearing Internet-connected glasses while performing other tasks.
At 0805 GMT, Luxottica shares were up 3 per cent at 40.15 euros, compared with a 0.9 per cent rise in Italy's benchmark stock index.
So far only a limited number of Google Glass devices has been made available mostly to researchers and developers.