July 24, 2024
Meta reportedly desires to license Magic Leap’s AR know-how

Meta might flip to Magic Leap for assist to remain slot bonus 100 to 7x forward of Apple and different new entrants within the soon-to-be crowded AR house. In response to the , the 2 firms are in talks to signal a multi-year IP licensing and manufacturing pact. Particulars on the negotiations are few, however in keeping with the outlet’s sources, a possible partnership just isn’t anticipated to supply a collectively developed headset. As a substitute, a deal might see Magic Leap present Meta with entry to a few of its optical tech. The partnership might additionally see the startup help with manufacturing Meta gadgets, thereby permitting the tech big to supply extra of its VR headsets domestically at a time when there’s extra stress for US firms to minimize their dependence on China.

Meta didn’t instantly reply to Engadget’s remark request. Magic Leap advised the Monetary Occasions partnerships have been changing into a “important line of enterprise and rising alternative for Magic Leap.” Moreover, in a weblog submit titled “,” CEO Peggy Johnson mentioned late final yr the corporate had “acquired an unbelievable quantity of curiosity from throughout the business to license our IP and make the most of our patented manufacturing course of to supply optics for others looking for to launch their very own mixed-reality know-how.”


The timing of the report is notable for a few causes. Meta is below stress from traders to indicate one thing for all the cash it has spent pursuing CEO Mark Zuckerberg’s imaginative and prescient for the way forward for computing. The corporate doesn’t count on to make a revenue from all of its metaverse tasks for one more few years. On the similar time, it’s on its Actuality Labs division. Individually, Apple is extensively anticipated to enter the AR headset market subsequent month when the corporate holds its WWDC developer convention.