Tag Archives: Intel

Intel acquires IoT startup Itseez


Intel has acquired machine-vision startup Itseez for an undisclosed amount. Itseez’s technology allows computers to see and understand things around them. It’s being used today in security applications, self-driving cars and robotics. The startup specialises in providing automakers with Advanced Driver Assistance Systems (ADAS) algorithms that enables cars to detect obstacles on the road. The ADAS system can warn the driver of incoming collisions, approaching pedestrians, traffic signs or if the car has drifted off the lane. The company also has a face analysis and manipulation technology called Facense. According to Intel, Itseez will be a vital part of the company’s Internet of Things strategy. It will support Intel’s efforts in the digital security and surveillance market, as well as in the autonomous driving and industrial inspection sector.

Top 20 Acquisitions for January 2015

Deal No.Amount Paid (USD)CompanyInvestor/BuyerSectorDeal Type
1$350,000,000Annapurna LabsAmazonSoftware & ServicesAcquisition
2$280,000,000Travelocity ExpediaTransactionsAcquisition
3$125,000,000NetProspex Dun & BradstreetMarketingAcquisition
4$36,000,000Code SchoolPluralsightSoftware & ServicesAcquisition
5$21,000,000American HealthCare Lending Prosper MarketplaceTransactionsAcquisition
6UndisclosedAccess Technology GroupTA AssociatesSoftware & ServicesAcquisition
7UndisclosedClearMomentumIpreoSoftware & ServicesAcquisition
8UndisclosedComposyt Light LabsIntelHardware & InfrastructureAcquisition
10UndisclosedLogibecGI PartnersSoftware & ServicesAcquisition
11UndisclosedMagic Pixel GamesKabamGamesAcquisition
12UndisclosedNewsfloElsevierSoftware & ServicesAcquisition
15UndisclosedPremiumBeatShutterstockSoftware & ServicesAcquisition
16UndisclosedQuickFire NetworksFacebookSoftware & ServicesAcquisition
17UndisclosedRevolution AnalyticsMicrosoftSoftware & ServicesAcquisition
18UndisclosedRex FeaturesShutterstockSoftware & ServicesAcquisition
19UndisclosedSemetricAppleSoftware & ServicesAcquisition
20UndisclosedTaggWhistleHardware & InfrastructureAcquisition

More information

  1. Amazon buys secretive chip maker Annapurna Labs for $350 million (Extreme Tech)
  2. Expedia Inc acquires Travelocity in $280 million deal (Reuters)
  3. Dun & Bradstreet Acquires NetProspex for $125M (FinSMEs)
  4. Online Learning Service Pluralsight Acquires Code School For $36 Million (TechCrunch)
  5. Prosper Marketplace Acquires American HealthCare Lending for $21M (FinSMEs)
  6. TA Associates Acquires Majority Interest in Access Technology Group (FinSMEs)
  7. Ipreo Acquires ClearMomentum (FinSMEs)
  8. Intel Buys Smart Eyewear Maker Composyt (EWeek)
  9. Admedo Acquires Dispop (FinSMEs)
  10. GI Partners Acquires by Logibec (FinSMEs)
  11. Kabam Acquires TapZen and Magic Pixel Games (FinSMEs)
  12. Elsevier Acquires Newsflo (FinSMEs)
  13. Synacor Acquires NimbleTV, Startup That Streamed Live TV Online (Variety)
  14. Dropbox Acquires Pixelapse, A Startup Building Collaboration Tools For Designers (TechCrunch)
  15. Shutterstock Acquires Rex Features And PremiumBeat (TechCrunch)
  16. Facebook Acquires QuickFire Networks (FinSMEs)
  17. Microsoft to acquire Revolution Analytics to help customers find big data value with advanced statistical analysis (Microsoft)
  18. Shutterstock Acquires Rex Features And PremiumBeat (TechCrunch)
  19. Apple Buys UK Startup Behind Musicmetric To Add Analytics To Beats (TechCrunch)
  20. Whistle Raises $15M in Series B Funding; Acquires Tagg (FinSMEs)

Intel’s ambitious vision

Just as Google announced that it has officially stopped selling Google Glass, Intel Capital steps in to dominate the space with its acquisition of smart eyewear company Composyt Light Labs. Based in Switzerland, Composyt Light Labs is a spin-off of Ecole Polytechnique Fédérale de Lausanne (EPFL) or better known as the Swiss Federal Institute of Technology. Unlike Google Glass, Composyt’s technology can work with any type of eyewear. And even better than Google Glass, which can only show images and information in a small area over the eye, Composyt’s device is equipped with a minuscule laser projector and a transparent holographic lens to reflect information towards the eye, not above it. This patented technology allows the user to see larger images over a field of vision of 40 degrees using normal eyewear. The acquisition is Intel’s latest investment in the wearable device market which is projected to grow to over $70 billion in 2024 according to IDTechEx.

Rest of the World Deals for September 2014

Deal No.Amount Paid (USD)CompanyInvestor/BuyerSectorDeal Type
1$9,247,968,000Global Village TelecomTelefonicaHardware & InfrastructureAcquisition
2$900,000,000Viber MediaRakutenMobile & AppsAcquisition
3$200,000,000CyveraPalo Alto NetworksSoftware & ServicesAcquisition
4$120,000,000 yuMobileSafaricom, Airtel KenyaMobile & AppsAcquisition
5$100,000,000DragonPlay Ltd.Bally TechnologiesGamesAcquisition
6$100,000,000ironSourceUndisclosedSoftware & ServicesInvestment
7$85,000,000IronSource UndisclosedSoftware & ServicesInvestment
9$55,000,000Movile ConsortiumMobile & AppsInvestment
10$40,000,000Easy TaxiPhenomen Ventures, Tengelmann VenturesMobile & AppsInvestment
11$34,000,000Genieo InnovationSomotoSoftware & ServicesAcquisition
12$30,000,000Ginger SoftwareIntelSoftware & ServicesAcquisition
13$30,000,000Vidmind TrellasSoftware & ServicesInvestment
14$26,000,000Zerto ConsortiumSoftware & ServicesInvestment
15$25,000,000OurCrowd UndisclosedTransactionsInvestment
16$25,000,000CTERA Networks ConsortiumSoftware & ServicesInvestment
17$25,000,000GetTaxiVostok Nafta Investment LtdTransactionsInvestment
18$20,000,000KenshooBain Capital VenturesMarketingInvestment
19$20,000,000Navent Riverwood CapitalTransactionsInvestment
20$14,300,000Nubank UndisclosedTransactionsInvestment

More information

  1. Vivendi, Telefonica seal 7.2-billion-euro Brazilian broadband deal (Reuters UK)
  2. Rakuten Acquires Viber for $900M (FinSMEs)
  3. Palo Alto Networks Acquires Cyvera for $200M (FinSMEs)
  4. Safaricom, Airtel Kenya finally acquire yuMobile for US $ 120 million (CIO)
  5. Bally Technologies acquires DragonPlay for $100m (Globes)
  6. IronSource Closes Pre-IPO Investment Round of Up to $100 Million (Wall Street Journal)
  7. IronSource Raises $85M (FinSMEs)
  8. Linio Closes €58M Funding (FinSMEs)
  9. Movile Raises $55m in Funding (FinSMEs)
  10. Rocket Internet’s Easy Taxi Raises $40M Series D To Expand In Asia, Latin America (TechCrunch)
  11. Somoto acquires Genieo Innovation for $34m (Globes)
  12. Intel Pays Up To $30M For A Personal Assistant Platform From Ginger Software (TechCrunch)
  13. Vidmind Receives $30M Investment from Trellas (FinSMEs)
  14. Zerto Raises $26M in Series D Financing (FinSMEs)
  15. OurCrowd Closes $25M Series B Funding Round (FinSMEs)
  16. CTERA Networks Raises $25M in Series C Financing (FinSMEs)
  17. Hailo rival GetTaxi raises $150 million in venture capital (Irish Times)
  18. Tel Aviv’s Kenshoo Raises $20M; Valuation $400M to $500M (Wall Street Journal)
  19. LatAm’s Navent Takes In Another $20M For Its Regional Online Classifieds Empire (TechCrunch)
  20. Nubank Raises $14.3M in Series A Funding (FinSMEs)