Daktronics announced the acquisition of intellectual property, equipment assets, and technical expertise from X Display Company Technology Limited.
The acquisition aims to enhance Daktronics' product innovation strategy and accelerate growth through MicroLED technology.
This move is expected to strengthen Daktronics' competitive position and provide customers with advanced display solutions.
IP Assets Acquisition
Daktronics now owns proprietary technologies in mass-transfer processes and MicroLED fabrication, enabling advanced display solutions.
Equipment Assets Acquisition
Acquired specialized equipment for developing displays with MicroLED and MicroIC technology.
Talent Integration
15 key XDC employees with expertise in mass-transfer, MicroLED development, and MicroIC design have joined Daktronics.
- MicroLED technology offers higher brightness, enhanced contrast, greater energy efficiency, and longer lifespan compared to LCD.
- The acquisition positions Daktronics to lead in large-format displays with ultra-fine pixel pitches for video walls and commercial displays.
The acquisition of X Display Company's assets reinforces Daktronics' commitment to innovation and technical excellence in the display industry.