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EssilorLuxottica Acquires French XR Startup Lynx, Putting R2 Headset Release in Doubt (roadtovr.com)

submitted 5 days ago by MyOpinion@lemmy.today to c/virtualreality@lemmy.world

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Lynx, the France-based XR hardware startup, has been acquired by global eyewear conglomerate EssilorLuxottica.

In a public email to backers, Lynx founder and CEO Stan Larroque confirmed the acquisition, which was rumored to have taken place two weeks ago.

This includes “[a]ll the IP, assets and most of the team is now transitioning from a startup to this big company,” Larroque says in the email, adding that “it might take a few months for the operations to be smooth again, pending all legal approvals.”

Larroque isn’t making the move to EssilorLuxottica alongside other staff however, concluding his eight years building the startup, as he reveals he’s moving to Paris-based drone company Parrot to take on “a key leadership role” alongside Parrot founder and CEO Henri Seydoux.

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[–] SadSadSatellite@lemmy.dbzer0.com 2 points 5 days ago

Essilor knows how to find good lens products. They've got some great progressives, and maybe the best anti reflective on the market right now. That being said, they are the absolute worst company when it comes to anything to do with technology. Their websites are buggy trash that don't make any sense, and anytime they absorb a company, the onboarding is such a tragedy they lose half the original employees.