Intel Buys Vision Chip Developer Movidius

Intel Corp. is acquiring low-power machine vision specialist Movidius in a bid to bolster its embedded visual computing capabilities. Intel (NASDAQ: INTC) announced Tuesday (Sept. 6) it was buying the developer of low power chips to accelerate the integration of machine vision to connected devices. The roster includes drones, robots and virtual reality headsets, the company said. Terms were not disclosed. Intel’s machine vision strategy focuses on combining CPUs and vision processors with cameras to allow devices to understand their surroundings. “Upon integration, computer vision enables navigation and mapping, collision avoidance, tracking, object recognition, inspection analytics and more—capabilities that are extremely compelling in emerging markets,” Josh Walden, general manager of the chipmaker’s New Technology Group, noted in a blog post announcing the deal. “Movidius has been attacking this challenge at…

Link to Full Article: Intel Buys Vision Chip Developer Movidius

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