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Google Buys AR Display Startup That Drew Interest From Snap, Meta

By
Josh Sisco
· · Source: The Information

Google on Wednesday said it bought Raxium, a five-year-old startup developing tiny light-emitting diodes for displays used in augmented and mixed reality devices, which Google has long tried to develop. Google didn’t disclose a purchase price but it previously valued the deal at around $1 billion, according to people familiar with the matter. Part of that value is related to payouts for hitting...

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