Meta preceded Apple, while Apple Glass waits Meta Glass is coming

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According to the Financial Times, the two companies are in talks to sign a multi-year IP licensing and production agreement. Details on the negotiations are scarce, but a potential partnership is not expected to produce a jointly developed headset, according to the source. Instead, a deal Magic Leap’in Access to some of the optical technology to Meta to provide can allow.

The partnership also You can see the initial help for the production of its devices, and thus the tech giant, ABD It could allow companies to manufacture more VR headsets domestically at a time when there is more pressure to reduce their reliance on China.

Meta preceded Apple, while Apple Glass waits Meta Glass is coming

Magic Leap, He told the Financial Times that partnerships have become “an important business and a growing opportunity for Magic Leap.” Also, “What’s Next for Magic Leap?” a titled blog in his article CEO Peggy Johnson, He said late last year that the company has “received an incredible amount of interest across the industry for licensing our IP and using our proprietary manufacturing process to produce optics.”

The timing of the report is notable for several reasons. Meta, CEO Mark Zuckerberg’in He’s under pressure from investors to show him something for all the money he’s spent realizing his vision for the future of computing. The company does not expect to profit from all metaverse projects for a few more years. At the same time, Reality Labs spends about $10 billion annually. Separately, Apple is expected to enter the AR headset market next month when the company holds its WWDC developer conference.