Augmented Reality startup Magic Leap is reportedly considering strategic options that include exploring options for sale, according to a report from Bloomberg. As per the report, Magic Leap could fetch more than $10 billion if it pursues a sale.
The startup which is funded by Google has spent $2.3 billion, creating its AR glasses. Magic Leap makes wearable computers with AR features called Magic Leap One. The startup is also exploring options, including partnerships and a possible stock market listing. Early talks with Facebook never developed into a formal sale process, said the report.