Menu
Clone of Alibaba (BABA) IPO Shares Jump 36%

Alibaba (BABA) IPO Shares Jump 36%

The Sexiest Halloween Costumes of 2014

The Sexiest Halloween Costumes of 2014

Mazda Miata 2016 model revealed

Mazda Miata 2016 model revealed

Miley Cyrus New Butt Gets in Trouble with Law

Miley Cyrus New Butt Gets in Trouble with Law

Larry Ellison Steps Down as CEO of Oracle

Larry Ellison Steps Down as CEO of Oracle

Apple acquires LuxVue, maker of advanced LED displays

May 2 2014, 8:40pm CDT | by , in News | Apple

The LuxVue acquisition could be one of the 24 deals that Apple made in a span of 18 months.

Apple acquires LuxVue, maker of advanced LED displays
Getty Images
 
 

YouTube Videos Comments

Full Story

Apple acquires LuxVue, maker of advanced LED displays

Apple snagged a startup that makes low-power microLED-based displays, TechCrunch reports.

LuxVue Technology, a California-based company, has raised over $43 million in funding, including a recent $25.2 million series C round last year. Investors include Kleiner Perkins and iD Ventures America.

LuxVue also filed several patents on micro-LED technology last year, according to a post on PatentDocs. Sources told TechCrunch that Apple bought the company to boost its hardware.

READ ALSO: Apple Sees Growth In China

Meanwhile, Apple has half-heartedly confirmed the acquisition, responding with the familiar PR template: “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.”

That could be a yes.

The LuxVue deal could also be one of the 24 acquisitions that Apple made in the past 18 months. Indeed, Apple is on a prowl.

READ ALSO: Apple bought 24 companies in the past 18 months

 

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/21" rel="author">Gene Ryan Briones</a>
Gene Ryan Briones (Google+) is a technology journalist with a wide experience in writing about the latest trends in the technology industry, ranging from mobile technology, gadgets and robots, as well as computer hardware and software.

 

 

Comments

blog comments powered by Disqus

Latest stories

Sophia Loren&#039;s stunning at 80
Sophia Loren's stunning at 80
Today, screen legend Sophia Loren turned 80 and she never looked more beautiful while putting her life on display in Mexico City.
 
 
Apple details out-of-warranty repair costs for the iPhone 6 family
Apple details out-of-warranty repair costs for the iPhone 6 family
The charges are separated into three categories – screen damage, battery and power, and other repairs.
 
 
Goldgenie offers 24ct gold-plated iPhone 6 and iPhone 6 Plus
Goldgenie offers 24ct gold-plated iPhone 6 and iPhone 6 Plus
You can get either an Apple iPhone 6 or an iPhone 6 Plus in one of three versions.
 
 
Kim Kardashian Nude Photos Leaked by Hacker
Kim Kardashian Nude Photos Leaked by Hacker
We have a new celebrity nude photo scandal this weekend. A hacker has published nude photos of Kim Kardashian and others on 4Chan.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.