US-based signage developer Daktronics announced that it has acquired IP, equipment and technical expertise from X Display Company (XDC). It is not clear whether XDC remains an active company, or whether it has shut down after the acquisition. The company did not disclose the financial implications of this acquisition.
Daktronics says that the acquisition will enable it to integrate these technologies into its own products. The IP assets include XDC's mass transfer technologies and microLED fabrication, which Daktronics aims to use in large-format video walls and medium-sized commercial displays.
Daktronics also acquired XDC's production and R&D equipment, for the production of microLED displays, and also equipment related to XDC's micro-IC technology. Finally, Daktronics has hired 15 key XDC employees with deep expertise in mass-transfer, MicroLED development and MicroIC design.
XDC has been one of the early microLED industry pioneers (having been spun-off from X-Celeprint years ago). Daktronics has been investing in the company since 2020. Over the years the company developed many microLED technologies, and has been an advocate of micro-IC backplanes, among other architectures. In 2024, XDC announced that it has developed a new micro-IC driven microLED display in collaboration with Lumileds. Also in 2024 we have posted an interview with XDC's Executive VP of Operations & Equipment, to learn more about the company's technology and business.
This seems to be a sad ending to XDC's journey, although we hope its technology and expertise will find success under Daktronics.
