Snap establishes Specs subsidiary for its AR glasses [CNBC]
Warby Parker Inc. (WRBY)
Company Research
Source: CNBC
Key Points The company said the subsidiary will provide “greater operational focus and alignment” as Snap gears up to launch Specs AR glasses this year. The subsidiary comes as other companies like Meta and Alphabet also invest in glasses with artificial intelligence capabilities. In this article The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles. Andrej Sokolow | Picture Alliance | Getty Images Snap on Wednesday said its unit working on the development of augmented reality glasses is now housed under a wholly owned subsidiary named Specs Inc. The company said the subsidiary will provide “greater operational focus and alignment” as Snap gears up to launch Specs AR glasses this year. The subsidiary will also help the company gain new partners and provide “capital flexibility” that includes the “potential for minority investment,” the company said in a blog. Snap didn't say how many employees will work at the subsidiary, but the
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WRBY
Earnings
- 11/6/25 - Beat
WRBY
Sec Filings
- 1/23/26 - Form SCHEDULE
- 1/15/26 - Form 4
- 1/15/26 - Form 4
- WRBY's page on the SEC website