Intel has been working on building drones and technology for VR for some time now, and to expand upon that, they have today announced that they acquired the computer vision startup named Movidus.

Movidus makes vision chips that can be used in drones and AI and as such, they link quite nicely to Intel’s various drone, robot, and VR projects.

Intel did not disclose how much they are paying to acquire Movidus, but they did release the following statement about it:

With the introduction of RealSense™ depth-sensing cameras, we brought groundbreaking technology that allowed devices to “see” the world in three dimensions. To amplify this paradigm shift, we completed several acquisitions in machine learning, deep learning and cognitive computing to build a suite of capabilities that open an entirely new world of possibilities: from recognizing objects, to understanding scenes; from authentication to tracking and navigating. This said, as devices become smarter and more distributed, we recognize that specific System on a Chip (SoC) attributes will be paramount to giving human-like sight to the 50 billion connected devices that are projected by 2020.

For this reason, I’m excited to announce our pending acquisition of Movidius*. With Movidius, Intel gains low-power, high-performance SoC platforms for accelerating computer vision applications. Additionally, this acquisition brings algorithms tuned for deep learning, depth processing, navigation and mapping, and natural interactions, as well as broad expertise in embedded computer vision and machine intelligence. Movidius’ technology optimizes, enhances and brings RealSense™ capabilities to fruition.

You can find out more information about the deal between at the source link below.

Source: Intel

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