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Magic Leap Reportedly Exploring The Possibility Of $10 Billion Sale

VRScout

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. This did little to discourage Magic Leap, however.

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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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Magic Leap Raises Another $502 Million, Now Totalling Nearly $2 Billion in Funding

Road to VR

Rumors from back in September of Magic Leap raising a Series D investment were confirmed today as the company revealed an additional $502 million in venture funding, led by a Singaporean investment firm Temasek, with participation from strategic and financial investors. Morgan Investment Management, and T. Rowe Price, Inc.

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ILMxLab’s John Gaeta Joins Magic Leap as Senior VP of Creative Strategies

Road to VR

John Gaeta, known for his work as visual effects supervisor on The Matrix trilogy and for launching Lucasfilm’s immersive media branch ILMxLab , is joining the mysterious augmented reality start-up Magic Leap. As reported by The Verge , Gaeta says he’s joined Magic Leap as Senior Vice President of Creative Strategies. “It

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Is Apple’s Spatial Computing Step the Correct Move? 

XR Today - Mixed Reality tag

On the other hand, firms like Magic Leap and XREAL are receiving millions in funding to potentially leapfrog the forecasted success of Apple’s Vision Pro. He explained that MR displays from vendors such as Magic Leap and HoloLens may not replace classic AR in the short term “because of some regulations and safety aspects.”

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Interview to Eduardo Siman: virtual reality makes data visualization fun, we should all work together to make AR and VR to succeed

The Ghost Howls

It started with big data , and I started blogging about that at the end of 2015 basically because I couldn’t find anyone to talk about it with (laughs). Actually, I’d prefer a group of people. I know that you like a lot Magic Leap and the work that Rony Abovitz is making… why do you love it so much? (

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Apple Brings Spatial Computing to iOS

XR Today - Mixed Reality tag

For example, Microsoft is gearing up for a 2024 industrial Metaverse roadmap, which sees the firm working with groups like Magic Leap and Qualcomm to provide immersive workplace solutions that operate alongside pre-existing technology stacks.

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