Apple has acquired LuxVue, a startup that develops low-power, microLED-based displays for consumer electronic devices, possibly to use its technology in future versions of iOS devices, leading to improvements in battery life.
Apple has acquired LuxVue Technology, a stealthy company that had been working on micro-LED, screen technologies, we’ve heard from sources close to the transaction.
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.
Apple confirmed the acquisition with a boilerplate statement, that said:
Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.
LuxVue was founded in 2009, and has raised $43 million in funding from Kleiner Perkins and others. It has a number of patents on micro-LED tech, that could make the iPhone’s display brighter, while at the same time reducing its power consumption.
Another application of LuxVue’s technology could be the much-rumored iWatch, which is said to have a small battery. Apple wants the iWatch to run 4-5 days on a single charge, so LuxVue’s power-efficient displays would certainly help.Like this post? Share it!