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French Varilux Logo. Varilux is a brand name belonging to Essilor International, a producer of corrective lenses.The first version of the lens was invented by Bernard Maitenaz and released in 1959, and was the first modern [clarification needed] progressive lens to correct presbyopia.
The company held an IPO in 1998 on NASDAQ with the symbol CTAC with an offer price of $27.5M and share price of $12.50. [3] They acquired Lens Express in 2002. [4] Over the years, 1-800 Contacts has been owned by several companies. In June 2007, 1-800 Contacts was acquired by Fenway Partners for $24.25 per share. [5]
Bernard Maitenaz, patented Varilux in 1953, and the product was introduced in 1959 by Société des Lunetiers (now Essilor). The first Varilux lenses' surface structure was however still close to a bifocal lens, with an upper, aberration-free half of the surface for far vision and a rather large "segment" for clear near vision.
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All stores sell frames, lenses, sunglasses and accessories. Comprehensive service offerings include contact lens dispensing, free adjustments and repairs, and doctors of optometry at or next to every store. Visionworks also sells contact lenses online. [3] On June 27, 2019, VSP Global announced plans to acquire Visionworks. [6]
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