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.
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Leap Motion, the gesture startup reportedly almost acquired by Apple, sells to UK haptics company
Source: New feed
