Leap Motion, which made hand-tracking systems for virtual and augmented reality headsets, is reportedly being acquired by haptics company UltraHaptics. The Wall Street Journal reported the news earlier today, saying that the San Francisco-based Leap Motion had agreed to sell for around $30 million.
That’s a fraction of Leap Motion’s $306 million valuation at the peak of its hype in 2013. But it’s similar to a figure that Apple supposedly discussed during a never-completed acquisition last year. The Journal reports that UltraHaptics will get Leap Motion’s patents and hire most of its staff, with the exception of CEO and co-founder Michael Buckwald, who will reportedly leave the company.
U…
from The Verge – All Posts http://bit.ly/2QEEEIA
via IFTTT