Intel to Acquire Movidius for Machine Vision Silicon

Intel has agreed to acquire Movidius, a start-up developing a programmable, ultra-low power vision chip. Financial terms were not disclosed.

Movidius is based in San Mateo, California, with design centers in Dublin, Ireland, and Timisoara, Romania.

Intel said the acquisition brings 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.

http://www.intel.com

Movidius is headed by Remi El-Ouazzane (CEO), who previously spent 15 years at Texas Instruments where he served as Vice President and worldwide general manager of the Open Multimedia Applications Platform (OMAP) Business Unit. In this role, he led development of strategic relationships with Amazon, Google and Microsoft.

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