{"id":94311,"date":"2019-05-30T20:49:00","date_gmt":"2019-05-30T20:49:00","guid":{"rendered":"http:\/\/www.gamasutra.com\/view\/news\/343704"},"modified":"2019-05-30T20:49:00","modified_gmt":"2019-05-30T20:49:00","slug":"report-vr-ar-company-leap-motion-sold-to-ultrahaptics-for-30-million","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2019\/05\/30\/report-vr-ar-company-leap-motion-sold-to-ultrahaptics-for-30-million\/","title":{"rendered":"Report: VR\/AR company Leap Motion sold to UltraHaptics for $30 million"},"content":{"rendered":"<p><strong>Newsbrief: <\/strong>Leap Motion, the AR and VR technology company behind the open-source North Star AR headset, has reportedly been purchased by the UK-based firm UltraHaptics for $30 million.<\/p>\n<p>Sources familiar with the matter disclosed the sale to <a href=\"https:\/\/www.wsj.com\/articles\/leap-motion-once-a-virtual-reality-high-flier-sells-itself-to-u-k-rival-11559210520\">The Wall Street Journal<\/a>, though the acquisition has yet to be officially announced. Leap Motion\u2019s engineering staff and co-founder Dave Holz will reportedly join UltraHaptics following the sale, while co-founder Michael Buckward is said to be leaving the company. &nbsp;<\/p>\n<p>The Wall Street Journal also notes that Leap Motion\u2019s $30 million price tag is roughly a tenth of the company\u2019s valuation from only a few years back. Further back, Apple had reportedly tried to make an offer for the company as well. According to <a href=\"https:\/\/9to5mac.com\/2019\/05\/30\/leap-motion-apple-sells\/\">9 to 5 Mac<\/a>, the iPhone maker approached Leap Motion as recently as 2018 and offered between $30 million and $50 million for the company, but the deal fell through.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Newsbrief: Leap Motion, the AR and VR technology company behind the open-source North Star AR headset, has reportedly been purchased by the UK-based firm UltraHaptics for $30 million. Sources familiar with the matter disclosed the sale to The Wall Street Journal, though the acquisition has yet to be officially announced. Leap Motion\u2019s engineering staff and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":94312,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-94311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/94311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=94311"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/94311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media\/94312"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=94311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=94311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=94311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}