InfiniLED, a startup based in Cork, Ireland, has successfully developed an energy reduction technology that can reduce the energy consumption of VR devices by 20-40 times.
InfiniLED, which has evolved from the Irish Institute of Tyndall, was previously acquired by Facebook's Oculus. Oculus plans to use the Irish company's technology to optimize the performance of virtual reality devices. Cork's sharp-eyed person recently noticed that the InfiniLED's number has become the Oculus logo.
InfiniLED itself is a company derived from the Tyndall National Institute in Ireland and the University of Cork in Ireland. They primarily developed a series of LED light-source modules based on micro LED technology licensed from the National Institute of Tyndall. The company’s investors include Enterprise Ireland and the IL Investment Group from Quebec, Canada.
Both Oculus and InfiniLED did not disclose the specific terms of the merger, but more than a dozen InfiniLED employees and executive director Joe O'Keeffe have now joined the Oculus Institute. In addition, this American company is recruiting talents in Cork, and this move may increase Oculus's scale of operation in the city.
InfiniLED was established in 2010. Its technology is based on the technological breakthrough made by Brian Corbett, a researcher at Tyndall National Research Institute. The core of the technology is to produce low-energy light-emitting diodes. Corbett also received the title Intel Researcher of the Year.
Oculus officially introduced the Oculus Rift head to the market this year. They are interested in using InfiniLED technology because the company can help them reduce energy consumption by 20-40 times.
The technological breakthrough born in Cork is likely to promote the future development of the VR field.