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MagicLeap, 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 MagicLeap’s exclusive telecommunications partner in Japan.
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, MagicLeap One. Image courtesy MagicLeap, Weta Workshop. Accessibility, Third-party Integration & More.
Image by MagicLeap). MagicLeap is on sale. A report on Bloomberg informed us all that MagicLeap is exploring a sale of the company. The sales never skyrocketed and now MagicLeap is in desperate need of cash , after many layoffs, disappointing sales, and having put its IP as collaterals to a bank.
MagicLeap has a way of laying low for months at a time and then popping up with huge announcements. However, the MagicLeap 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.
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.
Like the first HoloLens the device also enables glasses wearers to simply slot the device in front of their spectacles (distinct advantage compared to MagicLeap). 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.
It’s been called the AR Cloud by many, the Magicverse by MagicLeap, the Mirrorworld by Wired, the Cyberverse by Huawei, Planet-scale AR by Niantic and Spatial Computing by academics. In another scenario, we may see game engines dominant, like Unity or Unreal. Find out more details, dynamics and submission guidelines here. .
In Japan, new PSVR bundles will include an adapter in the box, while in the West the adapter won’t be included, but it will be given for free to existing PSVR users. More info (PSVR bundles in Japan) More info (PS Camera adapter will be given for free). Sony has answered this question in the weekend. News from partners (and friends).
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 MagicLeap. News worth a mention.
Most people know Xu due to his dispute with American virtual reality company MagicLeap. In June 2019, MagicLeap accused Xu of stealing AR glasses technology when he was an engineer working at the firm. While at Zynga, he co-created the game FarmVille and served as the CTO of Zynga Japan. 14- Kai Liang.
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