LucidLogix Technologies
Power-saving Software for Mobile Devices
Company Overview
Snapshot
Founded in January 2005, LucidLogix Technologies operates with 51–200 employees and has raised $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. The company's core technology leverages proprietary algorithms and software to reduce hardware power requirements without compromising user experience. Serving the mobile and telecom technologies sector, LucidLogix's patented solutions are integrated into over 170 million platforms globally, with a customer base that includes major brands like Samsung and Lenovo, primarily targeting markets in the United States and South Korea
Strategic signal
In July 2018, Google acquired LucidLogix Technologies for its patents, signaling a strategic interest in the company's power-saving software innovations. This acquisition, occurring after LucidLogix became non-active in March 2018, highlights the enduring value of its intellectual property in the mobile technology landscape, even for a company that had ceased 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.