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Magic Leap Reportedly Exploring The Possibility Of $10 Billion Sale

VRScout

Once valued at $8 billion, sources say the AR start-up is now seeking an acquirer. Magic Leap is reportedly working closely with a financial advisor on exploring options to keep the doors of the AR startup open. If sold, Magic Leap could potentially receive more than $10 billion according to an unidentified source.

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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. Other options reportedly under consideration are potential partnerships and a stake sale. The Plantation, Florida-based company has raised $2.6

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Physics Simulator ‘Universe Sandbox’ Comes to Magic Leap 1

Road to VR

Universe Sandbox, the physics-based space simulator from Giant Army , made a splash on PC back in 2015, later getting VR support so you could physically smash the Moon into the Earth with your own two hands. You can find it on Magic Leap World for free starting today.

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Magic Leap Lawsuit Against Nreal on Hold as Mediation Begins & Court Sets Tentative Trial Date

Next Reality AR

This week, the beginning of an epic legal battle was set to begin between augmented reality players Magic Leap and Nreal, the small China-based startup accused by the former of stealing trade secrets. However, a new wrinkle has emerged in the legal skirmish that could change everything. Later, he went on to.

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Magic Leap to Launch AR Shooter ‘Dr. Grordbort’s Invaders’ Next Week

Road to VR

Magic Leap’s first annual L.E.A.P. Con dev conference is set to open its doors next week, and while we expected to hear a lot about Weta Workshop’s upcoming AR shooter Dr. Grordbort’s Invaders there, Magic Leap today announced that the game will be heading to Magic Leap One headsets on October 9th.

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Magic Leap Trade Secrets Lawsuit Against China's Nreal on Hold as Mediation Begins & Court Sets Tentative Trial Date

Next Reality AR

This week, the beginning of an epic legal battle was set to begin between augmented reality players Magic Leap and Nreal, the small China-based startup accused by the former of stealing trade secrets. However, a new wrinkle has emerged in the legal skirmish that could change everything. Later, he went on to.

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Magic Leap Loses Key Marketing Exec Ahead of Magic Leap One Launch

Next Reality AR

With the official launch of Magic Leap One expected by the end of summer (translation: days from now), Magic Leap's hype machine just took a big hit with the sudden loss of a key marketing executive. Gattis's resume includes stints at HTC, Qualcomm, Microsoft, and TiVo.