What you need to know
- Google has acquired Raxium, a microLED display manufacturer for an unknown sum.
- The potential $1 billion acquisition follows suit with a number of recent moves by Google to reenter the AR/VR space.
- MicroLED displays are also useful for other types of wearables like smartwatches and foldable phones.
Google has officially acquired Raxium, a company that makes MicroLED displays. Google says Raxium was chosen for its work “creating miniaturized, cost-effective and energy-efficient high-resolution displays that have laid the foundation for future display technologies.” In short, Google seems to want to make its own in-house displays for future products just as it began making chipsets for the Google Pixel 6 last year. Raxium was previously eyed by Snap, Meta, and Apple for the same reason.
Google’s senior vice president of devices and services, Rick Osterloh, announced the acquisition in a rather unceremonious and short blog post. The brevity of the post insinuates that Google isn’t ready to publicly share its plans to use Raxium’s tech just yet, but that moment could be coming soon. The rumor that Google was going to buy Raxium came in March, about two months after the first rumors of Google’s Project Iris, a new AR/VR headset from the company, began making the rounds.