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Desperate to exit, a $10B price tag for Magic Leap is crazy – TechCrunch
Augmented reality headset maker Magic Leap has struggled with the laws of physics and failed to get to market.
My experiences with Magic Leap at Sundance Film Festival last year were laughably disappointing, with its clunky hardware, ghostly projections, and narrow field of view.
Snapchat has built intermediary glasses since CEO Evan Spiegel thinks it will be a decade before AR headsets see mainstream adoption.
The CEOs of Apple, Google, and Facebook visited Magic Leap headquarters in 2016 to explore an acquisition deal, but no offers emerged.
The fact that Facebook, which does not shy from tall acquisition prices, didn’t want to buy Magic Leap is telling. | To read full story, visit https://startuparound.com/read/1583976607.3002172/Desperate-to-exit,-a-$10B-price-tag-for-Magic-Leap-is-crazy-–-TechCrunch?ref=audio_experience
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By Startup AroundAugmented reality headset maker Magic Leap has struggled with the laws of physics and failed to get to market.
My experiences with Magic Leap at Sundance Film Festival last year were laughably disappointing, with its clunky hardware, ghostly projections, and narrow field of view.
Snapchat has built intermediary glasses since CEO Evan Spiegel thinks it will be a decade before AR headsets see mainstream adoption.
The CEOs of Apple, Google, and Facebook visited Magic Leap headquarters in 2016 to explore an acquisition deal, but no offers emerged.
The fact that Facebook, which does not shy from tall acquisition prices, didn’t want to buy Magic Leap is telling. | To read full story, visit https://startuparound.com/read/1583976607.3002172/Desperate-to-exit,-a-$10B-price-tag-for-Magic-Leap-is-crazy-–-TechCrunch?ref=audio_experience