Deutsche Telekom & Zeiss Launch Smartglasses Startup Tooz

A new smartglasses powerhouse is rising in Europe, led by two of the region's leading brands, optical systems company Zeiss (also known as Carl Zeiss) and telecommunications giant Deutsche Telekom. Together, the two companies will each own 50% of a new company called Tooz Technologies Inc., which will be based in the US and Germany and focused on the development of an "optical system that enables a small and wearable design for data glasses." The first hints at the collaboration emerged during last year's Mobile World Congress when Zeiss revealed that it was working with the wireless firm on... more

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