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Magic Leap Ramps Up Production For New Type Of Virtual Reality


Ron Burgundy
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Rony Abovitz, founder president and CEO of Magic Leap unveils a view of his companies augmented reality with Rio Caraeff, chief content officer, at the Wall Street Journal Digital Live ( WSJDLive ) conference at the Montage hotel in Laguna BeachASPEN, Colo. (Reuters) - Magic Leap, a startup backed by technology powerhouses including Google and Alibaba that has raised more than $1.4 billion, has hired more than 600 employees and is close to starting production of its first "mixed reality" products. Speaking at the Fortune magazine technology conference in Aspen, Chief Executive Rony Abovitz said the company was debugging its production line in Florida and would launch the products soon. He declined to give a date. ...




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