article thumbnail

Ultrahaptics Acquires Leap Motion for a Reported $30M

Road to VR

Leap Motion, the pioneer in optical hand-tracking, has been acquired by Ultrahaptics, the enterprise-focused immersive haptics company. According to the Wall Street Journal , Ultrahaptics reportedly acquired Leap Motion for approximately $30 million. Image courtesy Leap Motion.

article thumbnail

Ultrahaptics Relaunches as ‘Ultraleap’ After Leap Motion Acquisition

Road to VR

Leap Motion, the optical hand-tracking firm, was acquired by Bristol, UK-based haptics company Ultrahaptics earlier this year. Before the acquisition of Leap Motion and the subsequent rebranding, Ultrahaptics was best known for its mid-air haptic technology which uses ultrasound to project tactile sensations onto users’ hands.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Leading Hand-tracking Company Ultraleap Raises $82 Million Investment

Road to VR

Ultraleap, a leading company focused on hand-tracking interfaces, this week announced it has secured a £60 million (~$82 million) Series D investment, with the goal of expanding its hand-tracking and mid-air haptic tech in the XR space and beyond. Ultraleap is also looking to find a home for its tech outside of the XR realm.

article thumbnail

The XR Week Peek (2024.05.14): New rumors on the Vision Pro 2, Ultraleap Hyperion, and much more!

The Ghost Howls

Object tracking : Hyperion allows the Leap Motion Controller 2 camera to track AR Markers (also known as fiducial markers) enabling tracking of any object. Having haptic sensation on the palm is very important to increase the sense of presence when you are holding a tool in your hand.

article thumbnail

Ultraleap’s mid-air haptics tempts Tencent to join its $82M Series D fundraising

TechCrunch VR

Ultrahaptics went on to raise $23 million, begin to interest car companies , and later absorb the much-hyped Leap Motion, which, it turns out, was a match made in heaven, by uniting both hand tracking and mid-air haptics. So Ultraleap is already working with DS Automobiles and Hosiden on new mid-air haptics experiences.

Haptic 80
article thumbnail

Shaping the Digital World with Our Hands, with Clay AIR’s Varag Gharibjanian

XR for Business Podcast

And we're also tackling a couple other industries, automotive. Are things like midair haptics-- I know-- I guess Leap Motion would be a competitor to you guys, even though they're using a hardware solution to do that. But things like midair haptics, with the Ultra Haptics or the Ultra Leap now.

article thumbnail

Shaping the Digital World with Our Hands, with Clay AIR’s Varag Gharibjanian

XR for Business Podcast

And we're also tackling a couple other industries, automotive. Are things like midair haptics-- I know-- I guess Leap Motion would be a competitor to you guys, even though they're using a hardware solution to do that. But things like midair haptics, with the Ultra Haptics or the Ultra Leap now.