It's not yet known when Alphabet - through an Ireland-based subsidiary of Google - bought the startup, but United Kingdom regulatory filings show that the transfer of shares was completed in mid-December.
It reported that Redux is able to turn screens into a speakers by vibrating the screen itself using small actuators. The Verge was actually able to try out the startup's technology past year on a tablet. The sound quality is said to be "decent". So they are turning displays into speakers, which is pretty damn cool. Mashable was able to show off a demonstration of the tech in action during MWC 2017.
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The startup called Redux developed the technology called Panel Audio that allowed the panels or screens to produce audio without needing any speakers. On Ivanov's profile page, it says that Redux achieved a "successful exit" in August 2017, but it does not state the buyer.
So far, Redux has only been able to use its technologies inside PCs and some auto infotainment systems - but that could be about to change. With Google's acquisition, that may change soon. This technology has interesting ramifications and possible uses in Google's consumer lineup. The Pixel 2 in particular had very thick bezels that's very much the same size as its predecessor. Just recently Wired wrote about how companies might use audio to transfer data, which may be part of Google's plan for Redux. If replaced, that could leave more space for a larger battery or other components: even, perhaps, the return of the 3.5mm headphone jack, were Google so inclined.
Google has made a concerted effort at CES to promote new features in its series of voice-controlled speakers.