“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,” Leena Rao reports for TechCrunch.
“The company had raised $43 million in funding from Kleiner Perkins, iD Ventures America and others,” Rao reports. “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.”
Rao reports, “VentureBeat reported last year that the company has filed several patents on micro-LED technology. At Disrupt SF last year, KPCB partner John Doerr briefly talked about LuxVue’s technology, which he said had ‘a technical breakthrough in displays.'”
Read more in the full article here.
[Thanks to MacDailyNews Readers “Fred Mertz” and “Bill” for the heads up.]
Exciting! A perfect Vertical engineering acquisition for Apple. Own all the guts of your product to make it that much harder for the knock offs to survive.
True Innovation… the tagline for Apple is, “We knew that this iPhone is more than just a bigger screen… that is not innovation… Let’s show you what we mean…”
The funny thing is… some only left iPhones for Androids because of the screen… some mentioned to me they would go back to an iPhone just for a bigger screen…
Apple makes dozens of these deals a year. At some point, the results of adding all these people and engineering from other companies to Apple has to result in something! Tim Cook wasn’t kidding when he said they are “doubling down on secrecy.” I worked at Apple for 4 years and I have no idea what they are planning. The so-called leaks from the “Far East” could be the loose lipped Chinese looking for attention, could be plants from competitors, or could be intentional “leaks” from Apple to throw Samsung and other “also ran copy machines” off track. All told, these next 8 months will be very interesting.
Awesomeness!!!
Tim is a master of supply chain management. But combined with vertical integration, your suppliers do not have to deal with their other customers and you. It’s only you!
Any improvements in manufacturing are passed on to Apple and eventually customers.
And, as mentioned, the competition will be even more clueless as to what you are doing.
Hidden product development, hidden product design and hidden manufacturing processes will kill the competition who copy.
Sam scum your days are numbered and so are your scams.
I wonder how Apple goes about finding these amazing companies?
That answer is easy.
They think different!
They focus on making great products that wow, not on how to take our last penny on the cheapest crap they can make.
That is why I own several 2nd and 3 gen iPod nanos that still run great. Also have several Mac minis from 2005 and 2007. Even a 2009 Mac mini that runs Mavericks. Wow.
Thinking differently and making really great stuff.
Apple has a long term vision of where they are headed. That is why some of the acquisitions seems strange at times. Since we are not privy to that vision.