Intel – Movidius

Intel is looking to build up its RealSense perceptual technology platform, saying Monday it plans to acquire Movidius, a company that develops machine vision technology for Internet of Things devices.

San Mateo, Calif.-based Movidius' flagship product is its vision processing unit, which is a low-power, high-performance SoC platform for accelerating computing vision applications. The company also touts algorithms that are tuned to help enhance deep learning, depth processing, navigation, and mapping in devices.

Terms of the deal, including the transaction price, were not disclosed. As part of the acquisition, Intel said it will be able to deploy Movidius' technology as part of its RealSense offerings. The company also said the acquisition would bolster its augmented and virtual reality products, as well as robotics and digital security cameras.