Apple takes developer of LED displays on LuxVue

May

3

2014

Apple takes developer of LED displays on LuxVue  Apple, the company acquired LuxVue. LuxVue is engaged in the development of small, energy-efficient displays. Apple may want to use the developed technology in its products, though no details were disclosed. The acquisition was by Apple confirmed to TechCrunch, but the company as usual takeovers did not release details about the plans that it has LuxVue. As a result, it is also not known how much dough for Apple LuxVue. LuxVue is engaged in the development of LED displays, where it focuses on energy efficiency. Apple may want to use the developed LuxVue technology into its products; the start-up has several patents in its portfolio that technology for energy efficient LED screens describing. Because the company is developing small screens, the technology seems to be most suitable for products such as smart watches. Apple regularly includes smaller companies. It was recently announced that Apple in the past eighteen months has acquired 24 companies, which are mainly start-ups.

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