San Francisco, March 21: 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. Google Maps Down: Navigation App Crashes for Many Users Due to Major Technical Glitch.
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.
(The above story first appeared on Morning Tidings on Mar 21, 2022 12:25 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).
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