Facebook quietly bought a startup that can manipulate videos

Eloi Lecerf
Agosto 12, 2017

In a bid to build on its Augmented Reality (AR) ambitions, Facebook has acquired German computer vision startup Fayteq, which is known for its video-editing technology that makes it possible to add or remove objects from existing videos. The startup is Germany-based, with its LinkedIn page suggesting that it has between 11-50 employees, and a statement on Fayteq's website claiming that its "products and services are not available for purchase". Deutsche Startups first reported the news. A Facebook spokesperson confirmed the deal when contacted by Variety, but declined to comment further.

Fayteq had been selling plug-ins for video editors like "Adobe After Effects" that allowed video-editors to track objects in videos and then add or remove objects with help of the tracking data.

Columbus McKinnon Corporation (CMCO) Shares Bought by Morgan Stanley
On average, analysts predict that Columbus McKinnon Corporation will post $1.90 earnings per share for the current fiscal year. TheStreet raised Columbus McKinnon Corporation from a "c" rating to a "b" rating in a research note on Tuesday, August 1st.

That has implications for Facebook's heavy investment into augmented reality and video, technology that offers a technical challenge but promising benefits.

Facebook confirmed the acquisition, but had no additional info to share regarding their plans for the company.

Outros relatórios LazerEsportes

Discuta este artigo

SIGA O NOSSO JORNAL