Google acquires microLED startup Raxium
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 an improved camera, USB-C type port and safety frames.
The first Google Glass was introduced with much fanfare in 2014.
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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.
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