Google has announced a new acquisition: the company is buying Raxium, a developer of MicroLED displays designed for use in augmented reality and virtual reality devices.
There are no details on how much Google paid for Raxium, and the terms of the deal between the two companies have not been disclosed.
Today we announce that Google has acquired Raxium, an innovator in MicroLED single panel display technology. The Raxium team spent five years building miniaturized, costeffective, and energyefficient highresolution displays that laid the foundation for future display technologies. Raxium’s technical expertise in this area will play a key role as we continue to invest in our hardware developments.
Raxium is based in Fremont, California and will join Google’s devices and services team. We are very pleased that the Raxium team will help us achieve our goal of creating useful devices and services to improve people’s daily lives.
Google may plan to use the acquired technology in future AR and VR devices they may develop. It will be interesting to see exactly what Google has planned for its latest acquisition, you can find out more information at the link below.
Image credit: Jessica Lewis
Categories: Technology news