Apple has acquired LuxVue, the company's flagship product is an energy-saving miniature LED display. The deal means that Apple's future devices will use better, more energy-efficient displays. At present, the transaction price of Apple's acquisition of LuxVue is still unclear, but it is worth noting that LuxVue has received an analytical investment of US$43 million.
Recently, there have been rumors that LuxVue will be responsible for the display technology of the new Google Glass. The company holds a patent that allows LED displays to get better pictures while reducing energy consumption.
Apple CEO Tim Cook said last week that the company has completed a large number of acquisitions and has acquired 24 companies in the past 18 months, except that he declined to disclose all acquired companies.
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