article thumbnail

Magic Leap Raises $280M from Japanese Telecom NTT DOCOMO

Road to VR

Magic Leap, one of the most well-funded startups in history, just took on a $280 million investment from Japan-based mobile phone operator NTT DOCOMO. As Japan’s largest mobile operator, Docomo is slated to be Magic Leap’s exclusive telecommunications partner in Japan.

article thumbnail

Magic Leap Announces Improved Headset and Enterprise Suite

ARPost

Magic Leap has a way of laying low for months at a time and then popping up with huge announcements. However, the Magic Leap One – released last summer – remains one of the most desired headsets in the XR world. That was when they announced partnerships with Unreal and Japanese telecommunications firm DOCOMO.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The XR Week Peek (2020.06.13): Magic Leap exploring a sale, events are going virtual and more!

The Ghost Howls

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.

article thumbnail

The XR Week Peek (2020.07.13): Sony invests in Epic, Rockstar is working on an AAA VR game, and more!

The Ghost Howls

Ben Lang has written a very interesting editorial on the topic, and for instance, he imagines that this may mean that all Sony-owned game studios will all start using Unreal Engine as their game engine , unifying the production processes among them all. Peggy Johnson is the new CEO of Magic Leap. News worth a mention.

Sony 410
article thumbnail

Eido Inoue tells us everything we need to know about HADO and location based augmented reality

The Ghost Howls

who first immigrated to Japan over 25 years ago. teams for Japan. Meleap (pronounced “may-leap”) is a combination of the words “Merry” and “Leap”. As of 2019, we are an expanding private company with about 40 people based in Japan and funded by Japanese venture capitalists.

article thumbnail

Magic Leap Update Brings Hand Occlusion, Expanded Multiplayer Support & More

Road to VR

Despite securing $280 million from Japan’s largest telecom earlier this summer, we’ve heard surprisingly little from the multi-billion dollar AR startup of late regarding its flagship headset, Magic Leap One. Image courtesy Magic Leap, Weta Workshop. Accessibility, Third-party Integration & More.

article thumbnail

Our First Look At Microsoft HoloLens 2

VRScout

Like the first HoloLens the device also enables glasses wearers to simply slot the device in front of their spectacles (distinct advantage compared to Magic Leap). Tim Sweeney, founder and CEO of Epic Games, then took to the stage to say that Unreal Engine 4 support would also be arriving on the HoloLens 2.

Microsoft 312