Friday, January 27, 2012
Qualcomm Buys Pixtronix
San Diego-based Qualcomm has acquired Pixtronix, a developer of MEMS display technology, reports EETimes, in a deal worth between $175M and $200M. Pixtronix makes MEMS technology which is used for MEMS-based microdisplays, used in e-readers and other products. Pixtronix was based in Andover, Mass. The company was venture backed by Atlas Ventures, Kleiner Perkins Caufield & Byers, DAG Ventures and GoldHill Capital.