Per a TechCrunch report, Apple Inc (AAPL - Free Report) has acquired InVisage Technology, the startup behind QuantumFilm technology. The acquisition is likely to have been completed almost a month back.
TechCrunch noted that many InVisage tech employees have stated on their LinkedIn accounts that they now work for Apple. The report added that several people connected to InVisage were contacted who conveyed that “they were not at liberty to discuss the acquisition, but in doing so also inadvertently confirmed that it took place.”
Why Is Apple Interested in QuantumFilm Tech?
Founded in 2006, InVisage is a startup that specializes in developing image sensors. Its QuantumFilm technology as described by InVisage “is a photosensitive layer that relies on InVisage’s newly invented class of materials to absorb light; specifically, the new material is made up of quantum dots, nanoparticles that can be dispersed to form a grid once they are synthesized. Just like paint, this dispersion of solid materials can be coated onto a substrate and allowed to dry.”