The XR Week Peek (2020.06.13): Magic Leap exploring a sale, events are going virtual and more!
The Ghost Howls
MARCH 16, 2020
Image by Magic Leap). Magic Leap is on sale. A report on Bloomberg informed us all that Magic Leap is exploring a sale of the company. The sales never skyrocketed and now Magic Leap is in desperate need of cash , after many layoffs, disappointing sales, and having put its IP as collaterals to a bank. Also because the brand “Magic Leap” is not as shiny as before , when we were all expecting great things from it.