This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Google Glass Gets Fashionable Lift from Luxottica Group

NEW YORK (TheStreet) -- Google is partnering with Italian eyewear company Luxottica, which will be designing frames for the search engine's wearable Glass technology.

VIDEO TRANSCRIPT:

Google (GOOG) Glass is getting more stylish. The search giant's wearable technology is about to get a fashionable lift from Luxottica Group (LUX), the Italian eyewear company behind brands like Ray-Ban and Oakley.

Those brands will be a part of Luxottica's new collaboration with Google, which will see the eyewear company design and create frames for Glass.  According to a statement by Luxottica, the companies aim to develop Glass products that will combine both high-fashion, lifestyle and innovative technology.

WATCH: More videos from Brittany Umar

Google Glass uses a monitor in the corner of an eyeglass frame to display information, Internet content or messages.  It also includes a camera for hands-free photo-taking and video recording.  At this point, Google has not made Glass available for sale to the public. Instead, it has sold Glass to a select group of more than 10,000 testers known as "Explorers."

At last check, shares of Google were climbing almost 1% to $1,167.44, while shares of Luxottica were up more than 3% at $55.65 on the news.

In New York, I'm Brittany Umar for TheStreet.

Written by Brittany Umar in New York.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
FB $82.36 1.00%
GOOG $556.68 -1.50%
TSLA $238.06 9.00%
YHOO $44.62 0.22%
AAPL $132.71 1.90%

Markets

DOW 18,130.19 +50.05 0.28%
S&P 500 2,121.66 +3.97 0.19%
NASDAQ 5,103.3630 +11.2780 0.22%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs