Meta reportedly in talks to license Magic Leap's augmented reality technology

Meta reportedly in talks to license Magic Leap’s augmented reality technology

Meta, formerly known as Facebook, is reportedly in talks with Magic Leap to secure a multi-year intellectual property (IP) licensing and manufacturing agreement. The potential partnership aims to help Meta maintain an edge over new entrants like Apple in the increasingly crowded augmented reality (AR) market. While details of the negotiations remain limited, sources suggest that the collaboration is not expected to result in a jointly developed headset. Instead, Magic Leap could provide Meta with access to its optical technology, while also assisting with the manufacturing of Meta’s VR devices.