Magic Leap Takes Nreal to Court Over Trade Secrets Theft

In a legal brief entered on Monday, Florida-based startup Magic Leap has filed suit against the founder of Nreal, a former employee of Magic Leap, claiming that the company’s Nreal Light smartglasses were built using Magic Leap’s intellectual property.

The documents, which were filed with U.S. District Court, Northern District of California in San Francisco, state that Magic Leap alleges that Chi Xu used his time at Magic Leap to funnel trade secrets to his own startup and accelerate the development of its competing product.

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“Magic Leap alleges herein that the overall pace of… more

Source: Magic Leap Takes Nreal to Court Over Trade Secrets Theft

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