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M&A Deal Summary

Magic Leap Acquires Computes

On October 5, 2018, Magic Leap acquired software company Computes

Acquisition Highlights
  • This is Magic Leap’s 1st transaction in the Software sector.
  • This is Magic Leap’s 2nd transaction in the United States.
  • This is Magic Leap’s 1st transaction in Arizona.

M&A Deal Summary
Date 2018-10-05
Target Computes
Sector Software
Buyer(s) Magic Leap
Deal Type Add-on Acquisition

Target

Computes

Phoenix, Arizona, United States
Computes, Inc. is a decentralized and distributed mesh computing platform. Computes, Inc. was founded in 2017 and is based in Phoenix, Arizona.

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Buyer(S) 1

Buyer

Magic Leap

Plantation, Florida, United States
Category Company
Founded 2011
Sector Technology Hardware
DESCRIPTION
Magic Leap's corporate headquarters in Plantation, Florida.
Magic Leap's corporate headquarters in Plantation, Florida.

Magic Leap is a developer of augmented reality devices and ecosystems. Magic Leap was founded in 2011 and is based in Plantation, Florida.

DEAL STATS #
Overall 4 of 4
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Arizona M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-12 Fuzzycube Software

McKinney, Texas, United States

Fuzzycube Software LLC is an independent game studio. Fuzzycube Software was formed in 2009 and is based in McKinney, Texas.

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