Movidius’ machine vision solutions enable a new wave of intelligent and contextually aware devices including drones and AR/VR devices.
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The Intel team isn’t shy about its goals.
Intel has announced the acquisition of Movidius, a startup that creates low-power chips for computer vision and machine learning algorithms.
This isn’t Intel’s first AI-related buyout.
Dublin-based chip design company Movidius has been acquired by tech giant Intel in a multi-million euro deal.
The financial terms of the deal were not disclosed. “Specifically, we will look to deploy the technology across our efforts in augmented, virtual and merged reality, drones, robotics, digital security cameras and beyond”.
“We see massive potential for Movidius to accelerate our initiatives in new and emerging technologies”, said Josh Walden, Senior Vice President and General Manager of Intel’s New Technology Group.
“When computers can see, they can become autonomous and that’s just the beginning”, El-Ouazzane 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”, Remi El-Ouazzane, CEO of Movidius.
The firm – which was established in Dublin more than five years ago – makes software and hardware to enable devices to have human level vision capabilities.
Intel’s RealSense platform was the star of its Intel Developer’s Forum conference in San Francisco last month and it seems the company is only looking to grow the scale and capabilities of its computer vision tech. At Intel, this challenge will continue, but cloud computing and networking will also be included in the project. 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.
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“The ability to track, navigate, map and recognize both scenes and objects using Movidius’ low power and high performance SoCs opens up opportunities in areas where heat, battery life and form factors are key”.
