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US company invests in Zurich 3D technology

An American high-tech company has acquired the 3D division of the Zurich-based start-up Dacuda. According to an article, the buyer is Magic Leap, a leader in the field of virtual reality.

Magic Leap invests in Zurich 3D technology.

The Zurich-based start-up Dacuda has invested heavily in 3D camera technology and software in recent years. Its goal was to simplify 3D technology to the point that it would be as easy to make 3D content as it is to take a video. Among its accomplishments, the company developed apps that can scan objects in 3D or create 3D selfies.

As Dacuda has now announced, it has sold its 3D scanning division to an American high-tech company. While the buyer’s identity has not been released, Startupticker.ch reported that the buyer is Magic Leap, one of the leading companies in the field of virtual reality (VR). Magic Leap has raised more than USD 1 billion from the likes of Google and Alibaba to develop augmented reality smartglasses. According to the startupticker.ch, adding Dacuda’s technology could be an important step for Magic Leap.

Following the divestment of its 3D division, Dacuda will now focus on productivity solutions. According to the company, it boasts a successful eight-year track record in B2B solutions, with products such as the world’s first Scanner Mouse and the world’s faster mobile ID reader.

Dacuda is a spin-off of the Swiss Federal Institute of Technology (ETH) in Zurich.

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