LucidLogix Technologies
Power-saving Software for Mobile Devices
Company Overview
Snapshot
Founded in January 2005, LucidLogix Technologies operated with 51–200 employees, raising a total of $48.47M across 7 funding rounds from 5 investors. The company merged with CellGuide in March 2013.
Business overview
LucidLogix Technologies develops and markets power-saving software designed to extend the battery life of Android smartphones during various activities like gaming, social media, surfing, and navigation. The company focuses on enhancing smartphone performance and mobility through proprietary algorithms and software technologies for smartphone platforms and the cloud. Its patented solutions aim to reduce hardware power requirements without compromising user experience, serving a customer base that includes major brands like Samsung and Lenovo in the Business Software sector, specifically within Mobile and Telecom Technologies.
Strategic signal
In July 2018, Google acquired LucidLogix Technologies for its patents, signaling the strategic value of the company's power-saving software and intellectual property in the mobile technology landscape. This acquisition, occurring after LucidLogix became non-active in March 2018, highlights the enduring importance of its innovations for major tech players, even post-operations.
Log in to access full profile ›Company Intelligence Q&A
- What is LucidLogix Technologies' primary focus?
- LucidLogix Technologies specializes in developing power-saving software that enhances the battery life and performance of mobile devices, particularly Android smartphones.
- When was LucidLogix Technologies founded?
- LucidLogix Technologies was founded in January 2005.
- Which companies are among LucidLogix Technologies' key customers?
- LucidLogix Technologies' customer portfolio includes Samsung and Lenovo
- What was a significant corporate event for LucidLogix Technologies in 2013?
- In March 2013, LucidLogix Technologies merged with CellGuide, as reported by Globes on June 17, 2013, and raised $3.9M.
- What was the outcome for LucidLogix Technologies in July 2018?
- In July 2018, Google acquired LucidLogix Technologies for its patents, following the company becoming non-active in March 2018.