17. June 2016 · Comments Off on Intel Acquires IoT, Autonomous Vehicle Specialist Itseez · Categories: News · Tags: , , , ,

Intel has signed a definitive agreement to acquire Itseez, a specialist in computer vision algorithms and applications for embedded and specialized hardware.These types of algorithms have applications in the Internet of Things (IoT) and for autonomous vehicles, which major technology companies and global automakers have been giving increasing levels of investment.The acquisition is part of Intel’s transition from a chip company that mainly focused on PCs to one that powers cloud technologies and smart-connected computing devices.

Source: Intel Acquires IoT, Autonomous Vehicle Specialist Itseez – InformationWeek