Recent events
Recent events tied to this brand in public sources.
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2021
Taqtile updates Manifest capabilities for Magic Leap and RealWear
Taqtile announced advanced Manifest work-instruction capabilities for Magic Leap and RealWear devices. The latest version was available in the Magic Leap store, and Taqtile was delivering the platform to select RealWear customers.
2021
Magic Leap raises $500 million in funding
Magic Leap announced that it had raised $500 million in funding at a post-money valuation of roughly $2 billion.
2020
Magic Leap announces Peggy Johnson as CEO
Magic Leap announced Peggy Johnson's appointment as its new chief executive officer, effective August 1, 2020.
2020
Court dismisses Magic Leap complaint with leave to amend
A federal judge in San Jose granted former Magic Leap engineer Chi Xu’s request to dismiss Magic Leap’s complaint, finding insufficient evidence for its allegations that Xu used its patents; the judge allowed Magic Leap to amend its complaint.
2020
Court grants motion in Magic Leap technology case
A federal judge in San Jose granted former engineer Chi Xu’s motion to dismiss in the case brought by Magic Leap, finding that Magic Leap had not sufficiently supported its allegations. The judge allowed Magic Leap to amend its complaint.
2020
Magic Leap CEO announces plan to step down
Magic Leap co-founder and CEO Rony Abovitz is expected to step down; the article says the departure date has not been determined. He is to continue providing strategic and vision support at board level after stepping down.
2020
Magic Leap announces shift away from consumer market
Magic Leap announced that it would move away from the consumer market and focus its business on enterprise applications and customers.
2020
Magic Leap confirms layoffs affecting about 1,000 employees
Magic Leap confirmed that it was laying off about 1,000 employees. Its CEO said the decision was made amid worsening economic conditions and a shift in near-term mixed-reality opportunities toward the enterprise market.
2020
Magic Leap announces plans to leave the consumer market
Magic Leap was reported to be planning to end its consumer business and focus on enterprise products. The report presents this as a plan, not a completed market exit.
2020
Magic Leap announces employee layoffs
Magic Leap announced layoffs across the company, citing financial strains amid the coronavirus and changes to its business focus and operations.
2019
Magic Leap launches enterprise suite and services
Magic Leap announced an enterprise suite of services and applications and said the Magic Leap Enterprise Suite was available that day. The offering includes an updated Magic Leap 1 device and two-year access to support and other services.
2019
Sotheby's International Realty expands Curate app to Magic Leap
Sotheby's International Realty announced that its Curate augmented-reality app had expanded into spatial computing and was available on Magic Leap One.