Apple has acquired LuxVue Technology, a company that is developing micro-LED screen technologies.
The company previous raised $43 million in funding from Kleiner Perkins, iD Ventures America, and others.
LuxVue had managed to remain fairly quiet over the past few years, and what we know is that the company develops low-power, micro-LED-based displays for consumer electronics. We’ve heard Apple acquired the company to add to its hardware innovations area. Because the company is working on mirco-LED displays, this could mean that the technology could be integrated into Apple’s hardware for better battery life and screen brightness.
More at iHash.eu
Saturday, May 3, 2014
Apple Acquires LuxVue Technology a Micro-LED Display Company
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