Apple’s LuxVue Acquisition Might Be the Greatest iWatch Trace But

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Apple’s reported acquisition of LuxVue, a developer of micro-LED displays, attracted much attention — not for the purchase price (which remains undisclosed), but rather what it could mean for the Cupertino, Calif. company’s “new category” of product, frequently mentioned by CEO Tim Cook in recent months

Is LuxVue providing the display technology for the long-rumored iWatch?

See also: Nike Layoffs Add Fuel to Apple iWatch Rumors

Apple would not confirm the acquisition, and only offered its boilerplate response when asked by Techcrunch on Friday. A company spokesperson said, “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.” Read more…

More about Apple, Iwatch, Tim Cook, Kleiner Perkins, and John Doerr

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