Hollywood, Silicon Valley make $542-million bet on curious Magic Leap

By October 21, 2014March 24th, 2020Newswires

By Paresh Dave

Virtual-reality headsets block out the real world and transport them into a digitally created one. But what if the digital stuff could simply pop into people’s normal view of the reality? 

That’s the goal of a Florida company that said Tuesday it has raised $542 million in investment because of Hollywood’s — and the tech industry’s — fascination with virtual-reality technology.

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