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Bulletins

AR startup Magic Leap is looking for a buyer.

Sofie Kodner
March 11, 2020

After raising around $2.6 billion to build its spatial computer glasses from investors like Google, the company is reportedly exploring a sale.

It's said to have engaged in initial conversations with Facebook that didn't progress further. Sales of the Magic One headset had fallen behind behind expectations.

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 Sofie Kodner

Sofie Kodner (@KodSof) is a former newsletter producer at Protocol, based in San Francisco. Previously, she was a reporter with Bay Area public radio station KALW. Send her an email at sofie@protocol.com.

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