The long and slightly turbulent journey of Leap Motion has come to an end thanks to another startup.
While much of the augmented reality industry is knee-deep in technical discussions about future AR and new products, Ultrahaptics unveils quietly-acquired Leap Motion on Wednesday.
Do not Miss: See and Feel a Supercar in Augmented Reality with Ultrahaptics at the Meta 2
"Together, Ultrahaptics and Leap Motion have the opportunity to be in the global epicenter of spatial interaction: If we holistically view this exciting market, Not only can we continue to develop two immense, significant technologies, but also fully exploit the potential of their combination, Steve Cliffe, in a statement.
"With this deal, we will bring together some of the best minds in the human-computer interaction field. We are better able to leverage our customer contacts and expand the vertical stack of immersive technologies as the applications that benefit from our common strengths move into the mainstream.
According to Wall Street Journal Ultrahaptics acquired Leap Motion for $ 30 million.
For those unfamiliar with Ultrahaptics, the British company uses ultrasound to provide haptic feedback when a user Interacting with Virtual Interfaces and Surfaces I had the opportunity to try out the technology a few years ago, and while it still evolves dynamically in terms of full haptic feedback, it's pretty effective.
The idea, the virtual interface framework Mixing Leap Motion with Ultrahaptics in a Business Should Be Exciting For anyone who has pursued these businesses in recent years.
The small team of Leap Motion, which was founded in 2010, struggled to break the mainstream but was still a favorite among developers working in the VR and AR space, most recently starting the business Project North Star, an open source project that allows anyone to integrate their own AR headset into Leap Motion technology.
It is unclear whether this acquisition will change the company's commitment Given Leap Motion's earlier failed attempt to conclude an acquisition agreement with Apple, this result is likely to be a welcome development.