Magic Leap
American augmented reality hardware manufacturer
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| December 31 2024 | Cloud services for Magic Leap 1 will cease, with core functionality reaching end-of-life and the device and apps stopping working. |
| August 2024 | Magic Leap raised at least $3.5 billion, including $750 million from Saudi Arabia's Public Investment Fund. |
| July 2024 | Magic Leap cut about 75 jobs, including its entire sales and marketing teams. The company also announced a partnership with Google. |
| September 30 2022 | Magic Leap officially released its latest AR Headset, the Magic Leap 2, described as the 'industry's smallest and lightest device' for business uses, with a larger field of view and a dimming feature. |
| October 2021 | Magic Leap raised $500 million from an unidentified source, bringing its valuation to $2 billion. The company also announced plans to unveil the Magic Leap 2 AR headset in 2022, with select customers already using it in an early access program. |
| July 7 2020 | Magic Leap announced Peggy Johnson, a former Microsoft executive, as their new CEO, marking a significant leadership transition. |
| May 28 2020 | Rony Abovitz announced Magic Leap had raised $350 million in new funding and revealed his plan to step down as CEO. |
| April 22 2020 | Magic Leap announced a major company restructuring and indicated that half of the company's staff would be laid off due to the COVID-19 pandemic. |
| August 2019 | Magic Leap assigned all of its US patents to J.P. Morgan Chase. |
| May 2019 | Magic Leap acquired Mimesys, a Belgian startup specializing in volumetric video conferencing software for the Magic Leap platform, to improve its collaboration and communication technologies. |
| April 2019 | Magic Leap raised an additional $280 million from NTT Docomo as part of a partnership between the two companies. |
| 2018 | Magic Leap acquired Chosen Realities, a military startup, in early 2018, potentially to develop specialized augmented reality applications. |
| October 10 2018 | Magic Leap introduced Mica, a human-like AI assistant. |
| August 8 2018 | Magic Leap One augmented reality headset was made available for purchase in the United States through AT&T. |
| July 11 2018 | AT&T invested in Magic Leap and became the company's exclusive partner, marking a strategic collaboration in the augmented reality space. |
| July 1 2018 | Magic Leap publicly demoed the Magic Leap One headset, confirming its use of NVIDIA TX2 hardware. The demonstration was met with disappointment given the previous promises and hype. |
| June 2018 | The company's first headset, Magic Leap One, was showcased online, visually presenting the device without demonstrating its functionality. |
| March 7 2018 | Magic Leap raised $461 million in Series D funding, led by the Public Investment Fund of Saudi Arabia. |
| December 20 2017 | Magic Leap unveiled their Magic Leap One headset, with plans to ship the device the following year. |
| February 18 2017 | Magic Leap acquired the 3D division of Dacuda, a Swiss computer vision company, to enhance its augmented reality technology. |
| December 2016 | Forbes estimated Magic Leap's valuation at $4.5 billion, highlighting the company's significant potential in the augmented reality market. |
| June 16 2016 | Magic Leap announced a partnership with Disney's Lucasfilm and ILMxLAB R&D unit, forming a joint research lab at Lucasfilm's San Francisco campus. |
| April 18 2016 | Magic Leap acquired NorthBit, an Israeli cybersecurity company, expanding its technology capabilities. |
| February 11 2016 | Magic Leap joined the Entertainment Software Association. |
| February 2 2016 | Financial Times reported Magic Leap raised another funding round of close to $800 million, valuing the startup at $4.5 billion. |
| December 9 2015 | Forbes reported Magic Leap completed a Series C funding round of $827 million, potentially bringing the company's total funding to $1.4 billion and its post-money valuation to $3.7 billion. |
| October 20 2015 | Magic Leap released actual footage of their product, claiming to show virtual 3D objects that could be occluded by real objects, without using special effects or compositing. |
| March 19 2015 | Magic Leap released a demo video titled 'Just another day in the office at Magic Leap', showing augmented reality gaming and productivity applications, though it was unclear if the footage was actual technology or a simulation. |
| 2010 | Rony Abovitz founded Magic Leap, an augmented reality technology company focused on developing advanced head-mounted display technology. |
This contents of the box above is based on material from the Wikipedia article Magic Leap, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.