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	<title>ultrahaptics &#8211; EFR Technology Group</title>
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		<title>VR pioneer Leap Motion reportedly sells to UltraHaptics for $30 million</title>
		<link>https://www.efrtechgroup.com/tech/vr-pioneer-leap-motion-reportedly-sells-to-ultrahaptics-for-30-million/</link>
		
		<dc:creator><![CDATA[Randall]]></dc:creator>
		<pubDate>Thu, 30 May 2019 19:10:00 +0000</pubDate>
				<category><![CDATA[acquisition]]></category>
		<category><![CDATA[business]]></category>
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		<category><![CDATA[leap motion]]></category>
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		<category><![CDATA[Tech]]></category>
		<category><![CDATA[ultrahaptics]]></category>
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					<description><![CDATA[[ad_1] Leap Motion, which was founded in 2010, developed sensors to track hand movements for VR use. However, it had middling reviews for a device that allowed people to control computers by moving their fingers. It also showcased a reference design for inexpensive AR headsets last year. Apple twice tried to buy it, with its [&#8230;]]]></description>
										<content:encoded><![CDATA[<p> [ad_1]<br />
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<p>Leap Motion, which was founded in 2010, developed sensors to track hand movements for VR use. However, it had middling reviews for a device that allowed people to control computers <a href="https://www.engadget.com/2014/06/06/hp-leap-motion-keyboard-standalone/">by moving their fingers.</a> It also <a href="https://www.engadget.com/2018/04/09/leap-motion-ar-reference-design-north-star/">showcased a reference design</a> for <a href="https://www.engadget.com/2018/06/20/leap-motion-ar-headset-ping-pong-demo/">inexpensive AR headsets</a> last year.</p>
<p>Apple twice tried to buy it, with its second attempt taking place in 2018, according to reports. UltraHaptics will scoop up Leap Motion&#8217;s employees and patents, though CEO and co-founder Michael Buckwald isn&#8217;t staying on. UltraHaptics had been licensing Leap Motion&#8217;s tech for the last six years for its own product, which mimics touch sensations in the air using sound waves. That technology is being used for hands-free controls with haptic feedback in car infotainment systems and smart home products among others.</p>
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<p>[ad_2]<br />
<br /><a href="https://www.engadget.com/2019/05/30/leap-motion-acquired-vr-virtual-reality-startup-ultrahaptics/">Source link </a></p>
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