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Meta is allegedly in talks with Magic Leap over an AR deal

The Immersive Wire - 22 May 2023 (Monday Briefing)

Executive summary

Welcome to your weekly briefing on the metaverse. Here are your snippets to sound smarter in meetings this week:

Vienna was wonderfully sunny, though no rays can piece my impenetrably pale skin. Also, the Immersive Wire has been shortlisted for two awards - the Best Solo Newsletter, and Best Science & Technology Newsletter.

Tom Ffiske, Editor of the Immersive Wire


Meta is in talks with Magic Leap over an AR deal

  • According to the FT, this would be a strategic deal to “provide both intellectual property licensing and contract manufacturing in North America to help it build mainstream AR products.“ Basically, the deal may focus on its strong IP and optics production processes.

  • Makes sense! Magic Leap has been working on its mixed-reality capabilities for some time, and licencing its IP is a solid revenue stream for the company. Making these optics is hard too - WaveOptics, who was acquired by Snap, showed me how technical it is to make waveguides.

Other notable stories

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