Wednesday, March 11, 2020

Desperate to exit, a $10B price tag for Magic Leap is crazy – TechCrunch

Augmented reality headset maker Magic Leap has struggled with the laws of physics and failed to get to market. Now it’s seeking an acquirer, but talks with Facebook and medical goods giant Johnson & Johnson led nowhere according to a new report from Bloomberg’s Ed Hammond. After raising over $2 billion and being valued between $6 billion and $8 billion back when it still had momentum, Hammond

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