Magic Leap

Magic Leap, Inc.
Type of businessPrivate
HeadquartersPlantation, Florida
Founder(s)Rony Abovitz[1][2][3]
CEORoss Rosenberg
URLwww.magicleap.com
Launched2010 (2010)
Current statusActive

Magic Leap, Inc. is an American technology company that released a head-mounted augmented reality display, called Magic Leap One,[4] which superimposes 3D computer-generated imagery over real world objects. It is attempting to construct a light-field chip using silicon photonics.[5]

Magic Leap was founded by Rony Abovitz in 2010[6] and has raised $2.6 billion from a list of investors including Google and Alibaba Group.[7] In December 2016, Forbes estimated that Magic Leap was worth $4.5 billion.[8] On July 11, 2018, AT&T invested in the company and became its exclusive partner. On August 8, 2018, the Magic Leap One was made available in the United States through AT&T.

On May 28, 2020, Rony Abovitz announced that Magic Leap had raised $350 million in new funding and that he would be stepping down as CEO.[9] On July 7, 2020, the company announced their new CEO would be former Microsoft executive Peggy Johnson.[10][11]

  1. ^ Robertson, Adi (July 7, 2020). "Magic Leap names former Microsoft executive as CEO". The Verge. Retrieved July 30, 2020.
  2. ^ Griffith, Erin; Weise, Karen (July 7, 2020). "Magic Leap Hires Top Microsoft Executive as C.E.O." The New York Times. ISSN 0362-4331. Retrieved July 30, 2020.
  3. ^ "Magic Leap Hires Top Microsoft Executive as C.E.O." Miami Herald.
  4. ^ "Magic Leap: Founder of Secretive Start-Up Unveils Mixed-Reality Goggles". Rolling Stone. Archived from the original on December 20, 2017. Retrieved December 21, 2017.
  5. ^ Bourzac, Katherine (June 11, 2015). "Can Magic Leap Do What It Claims with $592 Million?". MIT Technology Review. Retrieved June 13, 2015.
  6. ^ Cite error: The named reference :2 was invoked but never defined (see the help page).
  7. ^ "Magic raises $ 1.4 billion". Yahoo Tech. Associated Press. May 27, 2016. Archived from the original on June 2, 2016. Retrieved May 28, 2016.
  8. ^ Ewalt, David M. "Inside Magic Leap, The Secretive $4.5 Billion Startup Changing Computing Forever". Forbes. Retrieved November 3, 2016.
  9. ^ Takahashi, Dean (May 28, 2020). "Magic Leap CEO Rony Abovitz is stepping down". venturebeat.com. Retrieved May 29, 2020.
  10. ^ Shieber, Jonathan (July 7, 2020). "Magic Leap has a new chief executive and its former Microsoft exec Peggy Johnson". TechCrunch.
  11. ^ Foley, Mary Jo. "Microsoft Business Development Chief Peggy Johnson becomes Magic Leap CEO". ZDNet. Retrieved September 16, 2020.

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