Core Viewpoint - Daktronics, Inc. has acquired intellectual property, equipment assets, and technical expertise from X Display Company Technology Limited to enhance its display technology capabilities, particularly focusing on MicroLED systems [1][3]. Group 1: Acquisition Details - The financial terms of the acquisition were not disclosed [1]. - Daktronics has been investing in XDC since 2020 to accelerate developments in display technology [2]. - The acquisition includes proprietary mass-transfer and MicroLED fabrication technologies, specialized manufacturing equipment, and a team of 15 engineers with expertise in relevant fields [3]. Group 2: Market Position and Future Outlook - MicroLED screens provide advantages such as brighter images, better contrast, greater energy efficiency, and longer lifespan compared to many LCD solutions [3]. - The acquisition positions Daktronics to capture opportunities in both high-volume and smaller display markets, with industry research projecting the narrow pixel pitch segment could reach approximately $12 billion by 2029 [4]. - The interim President and CEO emphasized that this move reinforces the company's commitment to leading in next-generation display technology and enhances its engineering strength [5].