Luxottica and Intel have agreed to a multi-year research and development collaboration to design premium, luxury and sports eyewear with smart technology, scheduled for launch in 2015.
The strategic alliance was announced at the New York Times International Luxury Conference in Miami and was described by the companies as pushing the boundaries of R&D to anticipate what smart technology for eyewear would look in the future, delivering smart, fashion-forward products that were meaningful and desirable to consumers.
Luxottica Group CEO Massimo Vian said: 'This is an incredible opportunity for us to continue to innovate and further shape the future of eyewear. Together with Intel, we will continue to develop the potential of wearables, expanding the limits of what eyewear can be. We'll lead the change to create frames that are as intelligent and functional as they are beautiful. Products that consumers will love to wear.'
Intel's CEO Brian Krzanich said the move would bring together Intel's leading edge silicon and software technology with Luxottica's design innovation and consumer expertise.