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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 Ships First Wave of Headsets to Small Group of Partners

Road to VR

Magic Leap, the mysterious augmented reality headset company, has apparently begun shipping its first wave of Magic Leap One AR systems to partners in limited numbers. Citing “people familiar with the matter,” Bloomberg reports a small group of unnamed software developers recently received test units.

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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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Report: Magic Leap Raising Series D Investment, Could Value Company at $6–8 Billion

Road to VR

For a company that’s showed almost no one what they’re building, Magic Leap has been phenomenally successful at fundraising. SEE ALSO New Magic Leap Videos Shows AR Shopping and Voice Control. The company has previously raised a staggering $1.4

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BIG XR News from Pico, Autodesk, Samsung, Magic Leap, and Snap

XR Today - Mixed Reality tag

Metaroom allows teams to collaborate over immersive visualisations of real-world spaces by leveraging room scanning features on Apple iPhone Pro or iPad Pro devices that generate a digital twin, allowing workers to access the data via the cloud ready to add additional information to an object for a chosen use case.

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Magic Leap Head Of Public Relations Leaves To Join Stealth Startup (Update)

UploadVR Between Realities podcast

Update: We received the following statement from Magic Leap about the departure: “Andy Fouche will no longer serve as VP of Public Relations for Magic Leap, Inc. As we sprint full steam ahead toward the launch of Magic Leap One, we are excited to have Brenda Freeman on board as our Chief Marketing Officer.

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AWE USA 2023 Day Two: More Keynotes, More Panels, and the Open Expo Floor

ARPost

AWE Day Two Keynotes Day One kickstarted the keynotes, but AWE Day Two saw exciting presentations and announcements from Magic Leap and Niantic. “The small team at Magic Leap has made something that many larger companies are still struggling to achieve.” “It’s foundational.”