Thursday, July 12th, 2018

AT&T Partners with Magic Leap
AT&T Press Release
Crunchbase Magic Leap Profile

AT&T announced on Wednesday that it is working on a strategic, exclusive U.S. consumer relationship and investment with Magic Leap, a mixed reality company.

The deal will combine Magic Leap’s focus on transformational technology and products with AT&T’s network and distribution.

Magic Leap was founded in 2011 and has previously raised over $2 Billion from investors including Google, Fidelity and J.P. Morgan.

GoPro Announces Two Sales Milestones
Company Press Release

The company announced on Wednesday that it has sold more than 30 Million HD HERO Cameras since it launched in 2009.

The company stated that this milestone was achieved during the second quarter of 2018.

GoPro also announced that it has sold more than 4 million HERO5 Black cameras since it debuted in 2016.

Hampton by Hilton Rolls Out New Locations
Company Press Release

The company announced on Wednesday that it has opened 15 new properties spread out across California, Belgium, and Mexico.

The new openings add to the brand’s global portfolio of more than 2,345 properties.

JetBlue Technology Ventures Teams Up with Air New Zealand
Company Press Release

JetBlue announced that its venture capital arm, JetBlue Technology Ventures, has entered into an International Innovation Partnership with Air New Zealand.

Both companies will work together to build a technology innovation ecosystem that looks to partner with emerging technologies in the travel sector.

The partnership will provide JetBlue with opportunities for existing and potential portfolio companies, as well as other startup partners. The deal will also provide Air New Zealand with early access to emerging technologies as well as an entry point into the Silicon Valley tech ecosystem.

Marriott and Alibaba Test Facial Recognition Check-ins
Marriott News Release

Marriott announced on Wednesday that it is working with Alibaba to test a facial recognition check-in pilot with Fliggy, Alibaba’s travel service platform.

The check-in alternative will be available at two Marriott International properties in China with the goal to launch a global rollout across Marriott’s International properties in the future.

The facial recognition check-in option launches this month.

Broadcom Will Acquire CA Technologies
Press Release

Both companies announced on Wednesday that they have entered into a definitive agreement under which Broadcom will acquire CA to build one of the world’s leading infrastructure technology companies.

The deal will be an all-cash transaction of $18.9 Billion and is expected to close by December of this year.

CA Technologies manages and secures complex IT environments that increase productivity and enhance competitiveness. It operates across 40 countries and currently holds more than 1,500 patents worldwide, with more than 950 patents pending.