Intel Acquires Itseez Computer Vision Startup

The Intel logo is displayed outside of the Intel headquarters in Santa Clara, California.(Photo by Justin Sullivan/Getty Images) Intel has acquired machine learning and computer vision startup Itseez in order to expand its Internet of Things (IoT) division and develop better navigation technologies for driverless cars. Like Us on Facebook Advertisement The high-tech company has announced the deal on its company blog. However, Intel did not disclose the value of the deal. According to Tech Times, this acquisition is part of Intel’s plan to become increasingly relevant in the self-driving car and IoT market. Itseez startup specialized in machine learning and computer vision and can Intel’s market expansion strategy. Itseez was founded in 2005, in San Francisco. The company develops computer vision software and algorithms that could have applications in…

Link to Full Article: Intel Acquires Itseez Computer Vision Startup

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