(Finance) – EssilorLuxottica has acquired Pulse Auditionsa French startup specializing in computer-powered algorithmsArtificial intelligence (AI) can reduce surrounding sound and improve speech understanding, allowing consumers with hearing impairments to optimize their listening experience, even in noisy environments.
In a note the company explained that the integration of technologies owners and of knowledge of Pulse Audition in AI-based software development and audio signal processing, as well as its expertise, will enable it to strengthen its components hardware And software to raise the quality of products and solutions in the long term. The acquisition is consistent with the Group’s strategy in the acoustic solutions sector and represents a natural evolution of the path that began in 2023 with the acquisition of Shades Hearing.
“We always observe market opportunities in the field of AI and big data with interest. This acquisition made in France, one of our home countries, is perfectly aligned with our long-term objectives and investments in the acoustic solutions sector – they commented Francis MilleriPresident and CEO, e Paul du SaillantDeputy CEO of EssilorLuxottica –. It also strengthens our commitment to developing new wearable computing platforms, including in Europe. We are happy to welcome new talents into our Group and to be able to continue to explore the potential of a market, that of acoustic solutions, with great margins for development.”