Meta’s augmented reality headset is getting rebooted at a new company
Meta, the augmented reality startup that shut down in January, is coming back — or at least, its tech is. A new company called Meta View has purchased the old Meta’s assets, which were sold when Meta’s creditor unexpectedly foreclosed on its loan. The new company will be led by former Qualcomm executive Jay Wright, and it’s building “a complete hardware and software solution for a specific use case” rather than a generalist AR headset.
Wright presided over Qualcomm’s Vuforia augmented reality software platform, which was sold in 2015 to Internet of Things company PTC. Investor Olive Tree Ventures says he was chosen to design “a product that marries both technology capabilities and market need, driving real value.” A spokesperson...