San Francisco, March 21 (SocialNews.XYZ) Google has reportedly acquired Raxium, a five-year-old startup focused on developing microLED displays for AR and VR applications.
The terms of the deal are unknown, but Google put a value of $1 billion on Raxium, according to a report from The Information.
microLED is similar to OLED in that it doesn't use a backlight, instead each pixel emits its own light.
Two years ago it acquired North, a pioneer in human computer interfaces and smart glasses, has built a strong technology foundation.
After failing to impress people with the consumer edition of its $1500 Glass, Google earlier brought the second edition of its eye-wearable device - Google Glass Enterprise Edition 2, with improved camera, USB-C type port and safety frames.
The first Google Glass was introduced with much fanfare in 2014.
At $1,500, it promised a new, bold era for information.
People, however, realised the device was not yet ready to be part of their lives. There were safety and health concerns. The built-in camera raised privacy and piracy issues too.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
