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Leap Motion acquired by Ultrahaptics for $30 million

Ultrahaptics and Leap Motion come together to push spatial interaction technology. (Source: Ultrahaptics)   Did it seem Leap Motion got awfully quiet? Well, it did, the company had seen its valuation drop and was clearly running out of money because the London-based Ultrahaptics announced plans to buy Leap Motion for $30 million, a comedown from higher ranges the company had ...

Kathleen Maher

Ultrahaptics and Leap Motion come together to push spatial interaction technology. (Source: Ultrahaptics)   Did it seem Leap Motion got awfully quiet? Well, it did, the company had seen its valuation drop and was clearly running out of money because the London-based Ultrahaptics announced plans to buy Leap Motion for $30 million, a comedown from higher ranges the company had seen in its younger days when it was valued at $300 million and more. In 2018, it looked as if Apple might buy Leap Motion for a rumored $30–50 million. Apple had made two different offers, but the two companies
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