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Daktronics acquires intellectual property and equipment assets from X Display Company
2025-12-24 06:18
- Daktronics (DAKT) (NASDAQ: DAKT) said on Tuesday it has acquired intellectual property, equipment assets and technical expertise from X Display Company Technology Ltd to expand its capabilities in MicroLED and MicroIC display technologies.
- The U.S.-based display maker said the acquisition includes proprietary mass-transfer and MicroLED fabrication technologies for display applications, specialized development equipment, and the hiring of 15 former X Display Company employees with expertise in MicroLED, MicroIC and mass-transfer processes.
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Daktronics did not disclose the financial terms of the transaction.
- DAKT -0.15% after hours to $18.88.
- Source: Press Release
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