AT&T announces strategic investment in Magic Leap
12/07/2018 12:50
AT&T announced a strategic, exclusive US consumer relationship and investment with Magic Leap, developer of proprietary spatial computing and experiential platforms.

The agreement combines Magic Leap's focus on transformational technology and products with AT&T's innovative network and distribution to usher in a new kind of contextually aware, intelligent, human-computer interactivity.

"AT&T is excited to pair our pioneering technologies, unmatched network, content platform, and vast customer ecosystem with Magic Leap's efforts to build the next generation of computing," said AT&T Communications CEO John Donovan, who has observer rights with Magic Leap's board. "We're designing and offering the future of entertainment and connectivity, and this exclusive arrangement – in combination with our 5G leadership position – will open up new opportunities and experiences."

Magic Leap's debut product, Magic Leap One, Creator Edition, is a lightweight, wearable computer that will enrich real world experience with digital content and is scheduled to ship later this year to qualified designers and developers.