Magic Leap no longer focuses on developing AR glasses for consumers

The American company Magic Leap will focus on products for the business market and will no longer focus on consumers. The company has announced that. This also leads to layoffs. That would be half of the people.

Magic Leap sees more opportunities in the business market in the short term. “While our management, board and investors still believe in the long-term potential of our intellectual property, the short-term opportunities for revenue lie with corporate clients,” the founder and director said in a statement. on its own website.

As a result, Magic Leap is firing a number of people, but the statement remains vague about how many people are involved. According to financial news agency Bloomberg, 1,000 people are involved, half of the staff of the American company.

Previously, it was rumored that Magic Leap was trying to be taken over. The Magic Leap One headset was released in August 2018. The nearly $2300 device is only available in the US and aimed at developers who want to create applications for augmented reality. At fifty degrees, the field of view is much more limited than that of many VR glasses. The Magic Leap One runs on LuminOS, its own operating system.