If You Thought These Companies Are Still American, You Are Wrong

Published on 08/23/2020
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Sunglass Hut

For a lot of American eyewear lovers, the best place to shop would be Sunglass Hut. The company offers everything you might need from tinted shades to clear glasses. It has a presence in South Africa, India, the United Kingdom, and more. Despite this, the company is the brainchild of an optometrist by the name of Sanford Ziff and started in Miami, Florida. Five years after it launched its 100th location in 1986, the company was sold. In 2001, the Luxottica group bought it for $653 million. In those days, there were more than 1,300 stores in existence. At the moment, there are nearly 2,000 stores all over the world!

Sunglass Hut

Sunglass Hut

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Motorola

Best known for its tech products, Motorola started in Schaumburg, Illinois a long time before we were even introduced to the concept of mobile phones. After it was launched in 1928, it saw steady growth until it reached the peak of its success with flip phones and the like. Google eventually bought it, only to sell it to a Chinese company called Lenovo in 2014. This did not prove to be a profitable move for Google since it bought the company for $12.billion two years before it sold it for $2.9 billion. Even today, people are still puzzled why Google seemed to be comfortable losing $10 billion with this deal.

Motorola

Motorola

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