When Google buys the startup Illumina, the US is a major player
Google is planning to acquire the company that is building its Illumina Accelerator project.
According to a Bloomberg report, the acquisition will bring $300 million in financing, which will be used to fund its own hardware and software development.
Illumina was founded in 2014 and is focused on developing new kinds of energy storage systems.
The company also develops a cloud-based storage system called Power.
Illuminate has developed a number of energy-efficient smart home technologies and has a partnership with LG to offer them.
It has also been investing in solar, solar-powered appliances and home automation products.
In September, the company was ranked #7 on Bloomberg’s list of the world’s top 20 tech companies.
In 2018, Illumina’s annual revenue was $1.2 billion, according to data from IHS.
In 2021, the stock was trading at $1,073.63.
Google, which was founded by Sergey Brin in 1991, is one of the most well-known tech companies in the world.
It makes smartphones, Google Maps, Google Glass, Google’s voice recognition, Google Assistant, and a number more.
Its Google Home speakers are among the best in the business.
For more, read The Next Web’s Inside Apple’s AI Lab.
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