ForSight VISION4, Inc. Announces Acquisition by Roche

By Staff
Monday, January 16, 2017 12:24 AM MENLO PARK, Calif.—ForSight VISION4 announced that it has been acquired by Roche Holdings Inc.

Second Sight Medical Products, Inc. Announces Rights Offering

By Staff
Wednesday, January 11, 2017 12:23 AM SYLMAR, Calif.—Second Sight Medical Products, Inc. (Nasdaq:EYES) a developer, manufacturer and marketer of implantable visual prosthetics to provide some useful vision to blind patients, has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a rights offering to its existing stockholders.

3M Completes Sale of Rx Safety Business to Hoya Vision Care

By Staff
Friday, January 6, 2017 12:23 AM ST. PAUL, Minn.—3M (NYSE:MMM) announced on Jan. 3 that it has completed the sale of its safety prescription eyewear business to Hoya Vision Care, a division of Hoya Corp (TOKYO: 7741), a global leader in the eyeglass lens industry.

Zeiss Group Reports Record Revenue and Earnings for 2015-16 Fiscal Year

By Staff
Monday, December 19, 2016 12:23 AM STUTTGART, Germany—The Zeiss Group reported record revenue and earnings for its 2015-16 fiscal year on Friday, and cited “improved competitiveness” for its operational success.

Canada’s New Look Vision Group Completes Purchase of British Columbia Retailer

By Staff
Wednesday, December 14, 2016 12:18 AM MONTREAL, QUEBEC—New Look Vision Group Inc. (BCI.TO) has completed its planned acquisition of the retail optical assets and business portion of western Canadian retailer Visions One Hour Optical Ltd., according to a statement New Look Vision Group issued Tuesday.

Form D Filing Underscores Investors’ Expansion Goals for Rev360

By Staff
Friday, December 9, 2016 12:26 AM MADISON, Wis.—In a sign of support for the growth prospects of the software and services firm Rev360, investors have provided $45.2 million in financing over the past two years to the Madison-based company, which is best known for delivering RevolutionEHR, cloud-based practice management and electronic health record (EHR) software for eyecare professionals.

Cooper Reports Record Revenue for Fiscal 2016

By Staff
Friday, December 9, 2016 12:23 AM PLEASANTON, Calif.—The Cooper Companies, Inc. (NYSE: COO) announced financial results for the fiscal fourth quarter and full year ended Oct. 31, 2016.

Vuzix Closes $14.5 Million Common Stock Offering

By Staff
Monday, December 5, 2016 12:26 AM ROCHESTER, N.Y.—Vuzix Corp. (NASDAQ: VUZI) announced the closing of the sale of 2,000,000 shares of its common stock at an offering price of $7.25 per share.

Smart Glass Maker, Osterhout, Closes $58 Million Funding Round

By Staff
Monday, December 5, 2016 12:23 AM SAN FRANCISCO—Osterhout Design Group (ODG), a top developer and manufacturer of mobile AR/VR smart glasses, closed a $58 million Series A funding round.

Luxottica Group Acquires Remaining Shares of Italy’s Salmoiraghi & Vigano Chain

By Staff
Wednesday, November 30, 2016 12:23 AM MILAN—According to the terms of an agreement signed in 2012 with Fenix Srl (formerly known as Salmoiraghi & Vigano Holding), Luxottica Group S.p.A (NYSE:LUX) said on Friday that it has exercised its option to acquire the remaining 63.2 percent of the shares in the Italian optical retailer.

Online Contact Lens Startup Sightbox Raises $1.8 Million

By Staff
Wednesday, November 30, 2016 12:18 AM PORTLAND, Ore.—The startup company Sightbox, which offers a membership-based supply service for contact lens wearers, has raised $1.8 million in a seed-round of funding.

Essilor Expands in China, Updates Revenue Projections

By Staff
Wednesday, November 23, 2016 12:30 AM CHARENTON-LE-PONT, France—Essilor announced that it formed a new partnership by taking a 50 percent stake in Photosynthesis Group, a Hong Kong-based company that markets sunglasses and corrective lenses under a range of banners including MJS.

Nanofilm’s Clarity Optical Treatments Boost PEN’s 3Q 2016 Product Sales

By Staff
Wednesday, November 23, 2016 12:23 AM MIAMI—PEN Inc. (OTCQB: PENC), parent company of Nanofilm, reported total revenues were $2.01 million for its third quarter ended Sept. 30, 2016, flat compared with the year-ago period. Gross profit amounted to $631,083, up from $516,449 for the third quarter of 2015.

Start-up Simple Contacts Raises $2 Million in Seed-Funding Round

By Staff
Wednesday, November 23, 2016 12:21 AM NEW YORK—The start-up company Simple Contacts, which offers an app-based eye test and refill service for contact lens wearers, has raised $2 million in seed funding that it will use to fund further development, an executive of the company confirmed to VMail this week.

Hilco Vision Acquires Jonathan Paul Eyewear

By Staff
Friday, November 18, 2016 12:21 AM PLAINVILLE, Mass.—Hilco Vision announced that it has acquired Jonathan Paul Eyewear, a pioneer of fitover sunwear and creator of the Jonathan Paul Fitover brand.
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