Intel signed an agreement to acquire Itseez, an expert in Computer Vision (CV) algorithms and implementations for embedded and specialized hardware.
This acquisition furthers Intel’s efforts to win in IoT market segments like automotive and video, where the ability to electronically perceive and understand images paves the way for innovation and opportunities. Intel aims to transform from a PC company to a company that powers the cloud and billions of smart, connected computing devices.
Itseez contributes software tuning and integration in many market-leading products shipping today from cars to security systems and more.
Itseez will become a key ingredient for Intel’s Internet of Things Group (IOTG) roadmap, and will help Intel’s customers create innovative deep-learning-based CV applications like autonomous driving, digital security and surveillance, and industrial inspection. Itseez is also a key contributor to computer vision standards initiatives including OpenCV and OpenVX.
