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Ultraleap Reportedly Plans To Sell Its Leap Motion Hand Tracking Group Amid Major Layoffs

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The startups formerly known as Ultrahaptics and Leap Motion appear to be heading in separate directions again after 5 years together ended in significant layoffs. In May 2019, Ultrahaptics bought Leap Motion to merge their complementary ideas – a haptic effect produced through ultrasound with industry-leading hand tracking.

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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.

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Leap Motion Raises $50 Million For Its Finger Tracking Technology

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Leap Motion is one possible solution, with its hand and finger tracking technology offering one route for VR and AR headsets to let people make selections and interact with virtual worlds. This potential likely figured into the $50 million Series C funding raised by Leap Motion. The round was led by J.P.

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Leap Motion Looks To Combine AR & VR With ‘Mirrorworlds’

VRScout

Leap Motion dreams big with an ambitious new project that could open ‘alternative dimensions of reality, layered over the physical world.’. Leap Motion hopes the ambitious concept will provide high levels of social interactivity within immersive technology, as opposed to more isolating VR experiences. “At

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Leap Motion Grabs $50M Investment for Class-leading Hand-tracking Tech

Road to VR

Leap Motion, a veteran player in the virtual reality sector (having been founded two years ahead of Oculus), has announced the closure of a Series C investment round totaling $50 million. However, one place in VR still seems like a potential sweet spot for Leap Motion’s hand-tracking tech: mobile.

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Leap Motion Update Improves Physics, Supports Rift And Vive Controllers

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Fully functioning hand-tracking might be a ways off from becoming the standard form of VR input, but Leap Motion is making a big step toward that future today, taking its Interaction development engine to 1.0 The combination of these two technologies is very interesting. Tagged with: leap motion Facebook Twitter Reddit More.

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Report: Apple Nearly Acquired Leap Motion but the Deal Fell Through

Road to VR

According to a report from Business Insider , earlier this year Apple was on the verge of acquiring Leap Motion, but the deal fell through days before it was expected to close. Founded in 2010, Leap Motion develops leading optical hand-tracking software. Image courtesy Leap Motion.