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 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 1 billion on Raxium according to The Information.
Via: CNET
