Intel has acquired Movidius, a specialist in AI and computer vision processors. The deal will help Intel with deep learning solutions,digital security cameras and expand into drones, robots, virtual reality headsets and more.
The financial terms of the transaction were not disclosed. Movidius, a specialist in AI and computer vision processors has worked with DJI, Google and Lenovo to give 3D vision to devices. It was an early partner with Alphabet Inc.’s Google unit in Project Tango.
Intel’s Josh Walden said,
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.
Remi El-Ouazzane CEO of Movidius said,
Our leading VPU (Vision Processing Unit) platform for on-device vision processing combined with Intel’s industry leading depth sensing solution (Intel® RealSense™ Technology) is a winning combination for autonomous machines that can see in 3D, understand their surroundings and navigate accordingly.
Last month, Intel unveiled all-in-one standalone virtual reality (VR) headset dubbed as Project Alloy at the 2016 Intel Developer Forum. The company also acquired artificial intelligence startup Nervana Systems.