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Stock impact report

Daktronics Acquires Intellectual Property and Equipment Assets from X Display Company to Expand MicroLED and MicroIC Capabilities [Yahoo! Finance]

Daktronics, Inc. (DAKT) 
Last daktronics, inc. earnings: 5/29 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.daktronics.com
Company Research Source: Yahoo! Finance
communication displays and control systems for customers worldwide, today announced the acquisition of the intellectual property (IP), equipment assets and technical expertise from X Display Company Technology Limited (XDC) , a recognized leader in mass-transfer processes and MicroLED (Micro Light-Emitting Diode) technology. Daktronics believes that the acquisition will continue to differentiate Daktronics in all segments of its business, and that it represents another step forward in Daktronics' product innovation strategy, which is designed to accelerate growth and enhance competitive positioning. MicroLED is a display technology that provides higher brightness, enhanced contrast, greater energy efficiency and a longer lifespan compared with existing technologies like LCD. Daktronics has been investing in XDC since 2020 , helping accelerate XDC's development of best-in-class MicroLED capabilities and applications. Key acquisition highlights include: IP Assets: Daktronics wil Show less Read more
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