Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
Categories: News

Nreal Seeks Dismissal of Magic Leap Lawsuit

Innovative Augmented Reality Company Files Motion to Dismiss in Federal Court, Citing Magic Leap’s Unsubstantiated Legal Claims

BEIJING–(BUSINESS WIRE)–Nreal, a developer of ready-to-wear mixed reality glasses, today announced it has asked a federal court to dismiss Magic Leap’s lawsuit against the company and its founder, Chi Xu. Nreal is seeking a dismissal of what it contends is baseless litigation intended to slow the growth of Nreal, a nimble augmented reality innovator.

Nreal is setting a new standard for augmented reality with superior, lightweight, affordable mixed-reality glasses that are a fraction of the weight and price of Magic Leap’s. Nreal has been at the forefront of developing user-friendly mixed reality wearables with industry-leading wide-screen and vivid display.

Nreal’s strong growth is driven by our passion for innovation, as we strive to bring mixed reality a step closer to reality,” said Xu. “We will fight Magic Leap’s meritless legal claims and will not allow them to distract us from innovating and delivering unparalleled augmented-reality products.”

As stated in Nreal’s Motion to Dismiss: “Rather than focus on developing a superior product, Magic Leap has resorted to filing lawsuits to slow down new entrants in the AR market. In 2016, Magic Leap filed a trade secret case against two former employees who had attempted to start a new company in the AR field. After the Court found that Magic Leap’s “disclosures in totality fail to disclose the asserted trade secrets with ‘reasonable particularity,’” the parties settled, and the case was dismissed. Now, in 2019, Magic Leap is at it again, this time filing vague and unsubstantiated claims against Nreal and its co-founder, Chi Xu, apparently because Nreal is developing exciting new AR glasses technology that is a fraction of the weight and a fraction of the price of Magic Leap’s headset.”

The lawsuit was filed against Nreal in federal court in San Jose. Nreal’s motion to dismiss calls for Magic Leap’s complaint to be dismissed in its entirety.

About Nreal

Founded in January 2017, Nreal is a developer of ready-to-wear mixed reality glasses. Its flagship product, Nreal Light, is the first lightweight and comfortable mixed reality glasses, sporting an industry-leading vivid display combined with SLAM-based environmental-understanding AI algorithms for an immersive experience. Nreal has raised $31 million in three previous rounds of funding.

To learn more about Nreal, visit nreal.ai.

Contacts

Press Contacts
Sard Verbinnen & Co

Matt Reid

(310) 201-2040

mreid@sardverb.com

Scott Lindlaw

(415) 618-8750

slindlaw@sardverb.com

Staff

Recent Posts

UBQ Materials Launches “World of UBQ” Consumer Marketing Campaign, Empowering Consumers to Push for Sustainability in Top Brands

In celebration of Earth Day, public awareness campaign to hit YouTube, TikTok, Facebook, Instagram, and…

7 hours ago

Xterio Launches an L2 with BNB Chain and AltLayer to Scale Web3 Gaming and AI

SINGAPORE--(BUSINESS WIRE)--Xterio, a premier Web3 gaming publisher, and BNB Chain proudly announce a collaboration for…

14 hours ago

Intevac Announces Earlier Release Date of Thursday, April 25th for First Quarter 2024 Results

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, has…

14 hours ago

Rafael Krux Makes Room For A Prism Sound Dream ADA-128 Converter

The South London-based composer who has created music for numerous high profile projects says the…

17 hours ago

OSA International Provides Ayrton Lighting, grandMA3 Consoles and MDG TheONE Atmospheric Generators to Andrea Bocelli’s North American Tour

Las Vegas-based OSA International, Inc. provided Ayrton Huracán LT and Zonda 9 FX lighting fixtures,…

17 hours ago

PMC Loudspeakers Provide The Reference Sound For Steven Wilson’s Immersive Audio Presentations At High End, Munich

The acclaimed musician will share his experience and creative use of immersive audio with reference-level…

17 hours ago