Google seems to be on to something interesting here, where they picked up a 6.3% stake in Himax Displays, although this particular acquisition will need to be approved by regulatory and governmental agencies before the entire transaction is considered to be complete. Should it be improved, however, then it will be accompanied by an option that Google will have, allowing them to increase its ownership in the company to 14.8% over the course of 2014. Himax Displays might sound familiar to some of you, which is because it is a subsidiary of Himax Technologies, where they churn out tiny displays which will see action in devices like Google Glass.
Himax Displays claims that they will make good use of this investment (estimated to number anywhere from $20 million to $40 million) in order to further fund production of Liquid Crystal on Silicon chips, where the result of this production will see action in head mounted devices, head-up displays and pico projectors, among other compatible or like-minded devices.