Microsoft ex-top dealmaker plans to turn Magic Leap's fortunes around - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Meet Peggy Johnson, the Microsoft and Qualcomm veteran who's been tapped to turn failing mixed-reality startup Magic Leap into a success

Now, experts say Magic Leap needs a leader who can help the company break into the enterprise market, which augmented reality competitors like Microsoft and Google know well. Johnson's experience brokering major deals could be valuable as Magic Leap makes this shift.

Johnson helped make Microsoft ease tensions with competitors, and become a more collaborative company.when he made the company's Office software available on Apple's iPad and Google's Android devices. Those moves marked a notable shift for Microsoft, which was generally considered to be unwilling to collaborate with competitors.

Within a few months after Johnson joined, Microsoft and Samsung had dropped the lawsuits, and the companies announced a new partnership to pre-install Microsoft services and applications on Samsung android devices., Johnson wrote about how Microsoft was "eager to rethink business norms" and had a new strategy focused on making Microsoft products and services more available to customers, regardless of the device or platform.

Magic Leap promised to build the next generation of computing with its augmented reality glasses. The company, which for a decade was steered by CEO and founder Rony Abovitz, has raised around $3 billion over 10 investment rounds and counts Google, Alibaba Group, and the Kingdom of Saudi Arabia's investment arm among its backers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

around 20 million renters face eviction by the end of September: WaPo - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The many small property owners are also impacted, some quite seriously, and it gets worse if they can find no new 'responsible' tenants. Praying for all in this difficult confusing time. Hang in there! Freedom at its finest 🤣
Source: BusinessInsider - 🏆 729. / 51 Read more »

The top 25 industries bailed out by federal PPP loans - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

List of top digital health startups that VCs invested in: Alto, Amwell - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

COVID-19: Ex-Deliveroo exec gives 5 tips for launching during a crisis - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Dont start a business during a crisis? SAI Instagram Launches TikTok-Like “Reels” in India - Instagram Reels InstagramReels Facebook India Launch app application tech technews technology technologynews news dailytech techdeals
Source: BusinessInsider - 🏆 729. / 51 Read more »

Report: Money can buy business, led to Trump's election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »