Yinjiang shares announced today that the company recently signed an equity transfer agreement with Magic Leap to obtain 21.8 million shares of Magic Leap shares through equity held by LEGEND PICTURES, LLC. A certificate of shareholding signed by Magic Leap’s CEO and founder Rony Abovitz.
Yinjiang Co., Ltd. (300020), the market value is 12.329 billion yuan. This is a high-tech enterprise engaged in the provision of intelligent technology application services to users in the transportation, medical, and construction industries. The company's main intelligent system engineering products include urban traffic intelligence, medical information, and building intelligence. Currently Magic Leap is valued at more than US$4.5 billion. This round of Yinjiang’s investment in Magic leap was valued at US$23.5 per share and was valued at US$3.7 billion.
In fact, this should be considered reasonable and unexpected. In December 2015, when Yinjiang’s acquisition of Intuit Technology made clear its position, it was to take a look at the large amount of geographical information data of Intuit Technologies, thereby accelerating the progress of the two smart services, smart cities and smart transportation.
Afterwards, it acquired 70% equity of Hangzhou Qingpu Information Technology Co., Ltd., and announced in March 2016 that it will further develop and join VR/AR business on this basis. At the same time, it is also actively promoting the VR/AR industry layout. So it seems that under the premise of technology and data, the acquisition of AR is entirely reasonable.
In addition, Magic Leap has won investment from a number of companies such as Alibaba and Google, and is a relatively influential technology company in the AR community. To date, more than US$1.4 billion in fundraising has been obtained.
Magic Leap is what
There is very little content about Magic Leap, because this is a very scarce company with open content. According to insiders, Magic Leap was inspired by Google Glass, but its level of presentation is far beyond that of existing AR equipment. This is why they are tight-lipped.
Before this novel and attractive technology really lands, mystery is the most sexy. The known message is that Magic Leap is divided into two parts, one is glasses, similar to Google Glass, and the other is a portable computing unit. Connect with cable and glasses.
However, the specific configuration of this computing unit is unknown, the most credible argument is that it will be similar to mobile phones, using Movidius chips. Because in visual processing, SLAM (Simulations localization and mapping) needs to be applied, so the highest level of buzz, and the most credible, is Movidius.
This calculation unit also has a function, so far only know that Magic Leap has applied for a patent. It is capable of direct projection in daylight to achieve naked eye 3D functionality. In fact, Magic Leap held a charity event long before and showed their skills to students in primary and secondary schools. This kind of figurative technology is very attractive to children and it is very likely to arouse their desire for knowledge. This is precisely the true purpose of this charity event.
The principle of the glasses part is very simple, and the virtual content is presented on the lens through the optical prism projector that is located on the link of the lens frame and the temple, thereby realizing the AR immersive experience in combination with the real scene.
Magic Leap is also equipped with a camera, and currently known designs will carry 3 cameras. One is responsible for taking samples for comparison and rough handling. The remaining camera is a camera array for depth sensing. This is a bit like HoloLens' four arrays of environmental sensor cameras. However, there are still several unknown cameras in the final style of Magic Leap. According to the known technology, three cameras are not enough.
At the same time, these depth-sensing cameras are also the key to realize SLAM. The key point of AR technology imaging is whether the camera can simulate the sight seen by the user's eyes. Only real simulations allow the user to get AR immersion through the virtual content projected on the lens.
We want it to work
Without the cooperation of the content, we did not want it to be used at all. Therefore, Yinjiang’s acquisition of Zhitu and Qingpu at the same time aims to enrich the content and strengthen the link between the content and Magic Leap. Especially when 5G lands, the lower communication cost corresponds to a larger amount of information on the user side. Users of Magic Leap can use Magic Leap to match more things, such as unmanned driving and ultra-precise location information. Whether it is actual or future, Magic Leap has a great influence on smart cities.
I definitely hope that Magic Leap will be on the market quickly, and that even if you don't wear X, you will be OK.
Article Source: Tiger Sniff