Intel Buys Machine Vision Company Itseez

Intel, having long been confined to automotive chips for dashboard displays, is stepping into the field of machine vision for self-driving cars. The chipmaker said that it would acquire Itseez, a Russian firm that develops computer vision software. Intel has struggled to enter the market for autonomous driving, having been slowed down by the same strict reliability standards that have hobbled companies like Qualcomm. But the company—in the process of shifting its business from personal computers into cloud computing and connected devices—has been quietly inching toward more automotive technology. In April, Intel acquired Yogitech, a company that designs functional safety software for automotive electronics and factory equipment. Yogitech’s software ensures that the processors inside things like autonomous cars are working correctly and sends alerts to operators when they aren’t. Around the same time,…

Link to Full Article: Intel Buys Machine Vision Company Itseez

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