trending Market Intelligence /marketintelligence/en/news-insights/trending/qgv07sfzdkkcswkrmegmpg2 content esgSubNav
In This List

Magic Leap buys decentralized mesh computing startup


Private Markets 360° | Episode 2: ESG maturity in private markets (with Josh Green of Novata)


According to Market Intelligence, February 2023


Insight Weekly: M&A players predict 2023 activity; SPAC IPOs dip; 2022 capacity retirements up

The Cobalt Expansion Drive Is A Copper Story

Magic Leap buys decentralized mesh computing startup

Magic Leap Inc., a developer of proprietary spatial computing and experiential platforms, has acquired Computes Inc., a decentralized mesh computing startup, according to an Oct. 5 post on the Magic Leap website.

Financial terms of the deal were not disclosed.

"Through the many private beta users already using Computes, we look to gain valuable feedback and begin developing a portfolio of services for developers, creators, enterprises and end-users to help leverage the power of spatial computing on any platform," the company said in a blog post.

Magic Leap is headquartered in Florida, with locations in Los Angeles, Mountain View, Calif., Seattle, Austin, Dallas, the U.K., New Zealand and Israel.