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AR headset pioneer Magic Leap considers sale

Magic Leap, an early pioneer of augmented-reality headsets, is considering a sale after having held talks with several potential buyers, said people briefed about the matter. It was unclear whether the talks would lead to any transaction, said a person close to Magic Leap’s senior management, who added that the company was also considering raising a new round of funding. Magic Leap has been in talks with investors about raising up to $500m since late last year but the round has not yet closed. Read More...

Magic Leap, an early pioneer of augmented-reality headsets, is considering a sale after having held talks with several potential buyers, said people briefed about the matter. It was unclear whether the talks would lead to any transaction, said a person close to Magic Leap’s senior management, who added that the company was also considering raising a new round of funding. Magic Leap has been in talks with investors about raising up to $500m since late last year but the round has not yet closed.

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