- Google recently announced it acquired Raxium. This is why.
Google SVP of Devices & Services Rick Osterloh recently confirmed that the company has acquired Raxium, which is an innovator in single-panel MicroLED display technologies.
“The team at Raxium has spent five years creating miniaturized, cost-effective, and energy efficient high-resolution displays that have laid the foundation for future display technologies. Raxium’s technical expertise in this area will play a key role as we continue to invest in our hardware efforts,” wrote Osterloh in the announcement. “Raxium is based in Fremont, California and will join Google’s Devices & Services team. We’re thrilled to have the team at Raxium on board to help further our goal of building helpful devices and services to improve people’s daily lives.”
The Verge pointed out that this deal is adding to the evidence that Google’s augmented reality moves are getting closer. In 2020, Google acquired glasses maker company North. And Google is hiring engineers for building an augmented reality operating system. Plus in January, it was revealed that Google Labs is building an augmented reality headset called “Project Iris.”