Intel has agreed to acquire Itseez Inc., an expert in Computer Vision (CV) algorithms and implementations for embedded and specialized hardware. Itseez contributes software tuning and integration in many market-leading products shipping today from cars to security systems and more.
The deals is part of Intel’s efforts to gain advantage in Internet of Things (IoT) market segments like automotive and video, where the ability to electronically perceive and understand images paves the way for innovation and opportunity.
Itseez was founded in 2005 and based in San Francisco.
Intel says 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.