TechCrunch reports Apple has purchased LuxVue Technology, a company that creates low-power micro-LED displays. The use of micro-LEDs have the potential of improving battery life while offering a brighter screen.
Little is known about the LuxVue, which appears to have been operating largely under the radar. The company creates LED displays which appear to be used in various consumer electronic devices. In December 2013, LuxVue raised $25.2 million to help fund its micro-LED technology. An investor in LuxVue has said that the company had “a technical breakthrough in displays.”
Kapil Sakariya, LuxVue’s VP of technology, worked at Apple between July 2006 and November 2011 as a Display Architect. After his departure from Apple in November of 2011 he joined LuxVue Technology. Sakariya’s prior tie to Apple could have played a part in the acquisition.
An Apple spokesperson issued the following response:
“Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.”
According to TechCrunch, Apple purchased LuxVue to add to its hardware innovations area. LuxVue could provide Apple with a competitive advantage in the smartphone market and even the market of wearable devices.
Assuming the reports of an acquisition are true, we may see Apple incorporate LuxVue’s micro-LED display technology into future products like the iPhone or the long-rumoured iWatch. According to several reports released earlier today, Apple is not expected to show off the “iWatch” at WWDC in June, however, the health and fitness-focused wearable device will likely be announced later this year.