Magic Leap is adding offices in Israel, according to Globes, an Israeli business publication. Magic Leap has offices on Abba Hillel St. in Ramat Gan, according to Israel's Registrar of Companies. It is apparently planning to recruit local developers in order to accelerate development of its technology although the extent of its planned research and development efforts in Israel is not yet clear, the Globes report said. Read more here.
An R&D presence in Israel, known as Startup Nation and considered by many to be No. 2 behind Silicon Valley for tech prowess, would not be surprising for the secretive company said to be developing a new generation of augmented reality technology. Magic Leap, which raised more than half a billion from Google and other investors late last year, already has offices Silicon Valley, as well as its headquarters in Dania Beach (and moving to Plantation), Santa Cruz, Los Angeles, Seattle, Austin, the United Kingdom and New Zealand.