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Report: AR Startup Magic Leap is Looking for a Buyer

Road to VR

Magic Leap, the multi-billion dollar AR startup, could be exploring the possibility of a sale, a Bloomberg report maintains, citing people familiar with the matter. The company’s deep pockets funded the release of Magic Leap 1, an AR headset targeted at developers, enterprise, and anyone with $2,300 to spare.

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Report: Magical Leap Sees Sluggish Sales Numbers Amidst Latest Funding Round

Road to VR

Magic Leap is one of the most well-funded startups in history, boasting $2.6 A new report from The Information however alleges that the company has seen sluggish sales of its Magic Leap One AR headset, something that reportedly only sold 6,000 units in the first six months following its August 2018 launch.

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Report: Magic Leap Could Reach $6B Valuation, First Device Shipping in 6 Months to “small group of users”

Road to VR

Magic Leap, the mysterious augmented reality startup with a multiple-billion dollar valuation , could soon be taking on more investments, bringing its total valuation close to $6 billion, Bloomberg reports. ” Both Temasek and Magic Leap declined to speak on the matter. image courtesy US Patent Office.

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‘Angry Birds VR’ is Coming to All Major VR Platforms in 2019

Road to VR

While we don’t know much about gameplay mechanics yet, it’s possible the Magic Leap One release of Angry Birds: FPS – First Person Slingshot may hold some answers. Surprisingly enough, this isn’t the first time Rovio has jumped into virtual reality with some flavor of Angry Birds for VR.

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Report Predicts AR and VR Headsets Shipments to Approach 100 Million by 2021

Road to VR

” 2016 saw the arrival of 3 major consumer virtual reality headsets, the Oculus Rift, HTC Vive and PlayStation VR. Samsung confirmed at CES in January that its Oculus engineered Samsung Gear VR headset had passed an install base figure of 5 Million and more recently Google affirmed that it had shipped over 10 Million Cardboard viewers.

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Google Confirms Glass Team is Not Working With AR/VR Team

Road to VR

Among fans of the device (myself included), there was hope that after the Project Glass had “Graduated” from within Google’s secretive Google[x] in 2015 (also the origin of Tango, Google Watch, and more) the Glass team would be moving ahead with development of new and improved versions of the device.

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Apple’s Tim Cook Sees Opportunity In AR, But It ‘Will Take Some Time To Get Right’

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In 2013, Apple acquired a company called PrimeSense which created the original motion sensors used in Microsoft’s Kinect hardware.Then, in 2015, Apple bought a German AR firm called Metaio and another motion capture named Faceshift. It’s been a big few years for Apple and AR.

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