(AGI) Milan, Dec 3 - A plan to merge luxury and sports glasseswith smart technology has been announced by Italy's Luxotticaand U.S. chipmaker Intel Corp. The companies said in astatement they intend to produce glasses by next year that areas intelligent and functional as they are beautiful. "This isan incredible opportunity for us to continue to innovate andfurther shape the future of eyewear," said Massimo Vian, CEO ofLuxottica. "Together with Intel, we will continue to developthe potential of wearables, expanding the limits of whateyewear can be. We'll lead the change to create frames that areas intelligent and functional as they are beautiful. Productsthat consumers will love to wear." . .