×
You will be redirected back to your article in seconds

Magic Leap Gets $280 Million From NTT DoCoMo, Which Will Be AR Company’s Exclusive Carrier in Japan

Magic Leap inked a deal with NTT DoCoMo, Japan’s largest mobile operator, which will be the exclusive telecom partner of Magic Leap in Japan. Under the partnership, NTT DoCoMo is investing $280 million in the augmented-reality computing company.

Magic Leap has now raised a whopping $2.6 billion in funding to date. Other investors include the Kingdom of Saudi Arabia, AT&T, Google, Alibaba Group, Warner Bros., Legendary Entertainment, Vulcan Capital, Kleiner Perkins Caufield & Byers, and Andreessen Horowitz.

Magic Leap, founded in 2010, also has exclusive partnerships with AT&T in the U.S. and SK Telecom in South Korea.

In August 2018, Magic Leap launched the Magic Leap One, a wearable device that lets users see and interact with digital content in the real world. The Magic Leap One includes a headset (Lightwear), a processor unit (Lightpack), and a controller, all powered by Lumin OS, which the company calls the world’s first “spatial operating system.”

Magic Leap’s content partners include Peter Jackson’s Weta Workshop, CNN, Epic Games, Lucasfilm’s ILMxLAB, Sigur Rós, The New York Times, Unity, Wayfair and studios Wingnut AR and Funomena.

As part of the Magic Leap-DoCoMo partnership, the companies will work together to create an immersive media platform using the next generation of Magic Leap devices and DoCoMo’s 5G network. In addition, the companies said they will work collaboratively to customize Magic Leap’s software operating system for the Japanese market.

“DoCoMo is proud to offer new value-added services never experienced before to our customers and partners through our partnership with Magic Leap,” NTT DoCoMo president and CEO Kazuhiro Yoshizawa said in a statement.

“The partnership between Magic Leap and DoCoMo combines the power of spatial computing with Japan’s premier mobile operator to deliver radical innovation to co-presence, communications, commerce, productivity, sports, media and entertainment,” added Rony Abovitz, Magic Leap’s founder and CEO.

More Digital

  • Facebook's Oculus Quest Shows How AR

    What the Oculus Quest Can Teach Us About the Future of Mixed Reality

    Facebook’s new Oculus Quest headset is a great gaming device that simplifies virtual reality (VR), doing away with the need for an expensive PC and external tracking hardware. But with its integrated tracking, the Quest can also teach us a thing or two about the future of virtual and augmented reality. Those two areas of [...]

  • snapchat-logo

    Snapchat Takes Down Porn Lenses, May Start Cat-and-Mouse Game

    Snapchat quickly removed a handful of x-rated augmented reality lenses Tuesday, dealing a blow to efforts by adult entertainment company Naughty America to promote its subscriptions to the service’s users. However, the porn studio may not be quite done with Snapchat just yet, as it is still distributing the source files that allow Snapchat users [...]

  • YouTube logo

    Why YouTube Is Changing the Way It Reports Subscriber Counts

    Within the next three months, YouTube will change the way it publicly displays channel subscriber counts: It will provide only rounded figures instead of actual follower numbers. For example, under the change, T-Series — the Indian music-video channel that recently surpassed PewDiePie to become the most-subscribed channel on the platform — would be listed in [...]

  • Phillip Eubanks and Marc Hemeon Join

    Phillip Eubanks and Marc Hemeon Join Troy Carter’s Q&A

    Q&A, the music and tech company founded by former Lady Gaga manager and Spotify exec Troy Carter, today announced the appointments of Phillip Eubanks as Chief Operating Officer (pictured above, right) and Marc Hemeon as Head of Design (left). The pair join Carter, J. Erving (Human Re Sources, Atom Factory), Suzy Ryoo (Atom Factory, OMD) [...]

  • Simran Sethi Quits Netflix India Role

    Simran Sethi Quits Netflix India Role

    Simran Sethi, the Los Angeles-based director of Netflix international originals, responsible for India content, has resigned and will quit after a transition period. Netflix did not comment. Sources familiar with the matter told Variety that Netflix prefers an executive based in India to oversee local original content that has now grown to 11 series and [...]

  • The Secret Life of Pets 2

    ‘The Secret Life of Pets 2’ Tops Studios’ TV Ad Spending

    In this week’s edition of the Variety Movie Commercial Tracker, powered by TV ad measurement and attribution company iSpot.tv, Universal Pictures claims the top spot in spending with “The Secret Life of Pets 2.” Ads placed for the animated film had an estimated media value of $11.52 million through Sunday for 869 national ad airings [...]

  • Cory-Haik-Vice

    Vice Media Hires Cory Haik, Former Mic Publisher, as Chief Digital Officer (EXCLUSIVE)

    Vice Media has recruited Cory Haik, former publisher of digital news start-up Mic, as chief digital officer to lead the youth-culture company’s global internet businesses. Haik will be based at Vice’s Brooklyn headquarters and report to CEO Nancy Dubuc. She most recently worked at Mic, which last fall laid off virtually its entire staff before [...]

More From Our Brands

Access exclusive content