DALLAS, July 11, 2018 /PRNewswire/ -- AT&T* is
announcing a strategic, exclusive U.S. consumer relationship and
investment with Magic Leap, developer of proprietary spatial
computing and experiential platforms. The agreement combines Magic
Leap's focus on transformational technology and products with
AT&T's innovative network and distribution to usher in a new
kind of contextually aware, intelligent, human-computer
interactivity.
"AT&T is excited to pair our pioneering technologies,
unmatched network, content platform, and vast customer ecosystem
with Magic Leap's efforts to build the next generation of
computing," said AT&T Communications CEO John Donovan, who has observer rights with Magic
Leap's board. "We're designing and offering the future of
entertainment and connectivity, and this exclusive arrangement – in
combination with our 5G leadership position – will open up new
opportunities and experiences."
Magic Leap's debut product, Magic Leap One, Creator
Edition, is a lightweight, wearable computer that will
enrich real world experience with digital content and is scheduled
to ship later this year to qualified designers and developers.
"We've joined with AT&T because we believe in a combined
vision of expanding high-speed networks, edge computing, and deep
integration with creative content," said Rony Abovitz, Founder, President and CEO of
Magic Leap. "Coupling the strength of the evolving AT&T network
with Magic Leap's spatial computing platform can transform
computing experiences for people."
This relationship establishes AT&T as the exclusive wireless
distributor of Magic Leap products for consumers in the U.S. When
available for consumers, AT&T customers will be among the first
to experience it in select AT&T stores in Atlanta, Boston, Chicago, Los
Angeles, and San Francisco,
with more markets to follow.
*About AT&T
AT&T Inc. (NYSE:T) helps millions
around the globe connect with leading entertainment, business,
mobile and high speed internet services. We have the nation's
largest and most reliable network** and the best global coverage of
any U.S. wireless provider. We're one of the world's largest
providers of pay TV. We have TV customers in the U.S. and 11 Latin
American countries. More than 3 million companies, from small to
large businesses around the globe, turn to AT&T for our highly
secure smart solutions.
- AT&T products and services are provided or offered by
subsidiaries and affiliates of AT&T Inc. under the AT&T
brand and not by AT&T Inc. Additional information about
AT&T products and services is available at about.att.com.
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**Coverage not available everywhere. Based on overall coverage
in U.S. licensed/roaming areas. Reliability based on voice and data
performance from independent 3rd party data.
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SOURCE AT&T Inc.