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Raxium acquired by Google for AR, MR tech

Raxium, a MicroLED Startup, is being acquired by Google to enter the augmented reality space. Despite its failure to pop-off with Google Glass, Google makes efforts twowards AR.

Raxium

Raxium is known to be a five year-old startup that has made its name in the field of augmented reality display. There is very little news about the deal but Google has put out a value of USD 1PHP 59INR 85EUR 0.95CNY 7 billion on Raxium according to The Information.

Via: CNET

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