Japanese mobile operator NTT Docomo has invested $280 million in Magic Leap.
Docomo has become the exclusive telecommunications partner of Magic Leap in Japan, in the same vein as AT&T’s partnership with the augmented reality (AR) device maker in the US.
The $280 million investment takes the AR device maker’s total funding to $2.6 billion, according to CrunchBase.
The partnership will combine two powerful technologies—Docomo’s planned 5G infrastructure and Magic Leap’s spatial computing—to deliver the next computing platform to Japanese customers.
Kazuhiro Yoshizawa, president and chief executive officer of Docomo, hailed the partnership, saying: “Docomo is proud to offer new value-added services never experienced before to our customers and partners.”
“Docomo aims to co-create advanced MR services and expand the XR market by leveraging open innovation and combining innovative technologies such as spatial computing provided by Magic Leap with Docomo’s assets including our 5G network and 70 million membership base.”
The AR device maker and Docomo will also customise its software operating system for the Japanese market.
Rony Abovitz, Magic Leap’s founder and chief executive officer, said: “The partnership … combines the power of spatial computing with Japan’s premier mobile operator to deliver radical innovation to co-presence, communications, commerce, productivity, sports, media and entertainment.”
“As Docomo advances the power of its network and technology for tens of millions of customers, its partnership with Magic Leap will help deliver capabilities and experiences never thought possible.”
Image credit: Magic Leap