PRNewswire: Almalence announces that it has received an investment from Intel Capital. The funds will be used by Almalence to develop the next generation mobile imaging technology enabling mobile cameras to achieve the image quality level of DSLR cameras. Intel and Almalence have also entered into a strategic collaboration to bring Almalence's technology to Intel's architecture.
Almalence is a privately owned company with headquarters in Austin, Texas and the team distributed across the world - USA, Russia, Israel, China and South Korea. The company was founded in 2005 by Russian engineers Dmitry Shmunk and Eugene Panich, and has a track record of working with global mobile device manufacturers, such as Huawei and Sharp. Almalence's R&D activity is concentrated in Novosibirsk, Russia.
Eugene Panich, CEO of Almalence said: "Working with Intel will help us to enter a new stage in product development as we take the image quality of mobile cameras to new heights."
Arjun Kapur, Intel CVP, Platform Engineering Group, and GM, Imaging and Camera Technologies Group, said: "We look forward to working with Almalence to deliver such capabilities to the Intel mobile ecosystem."
Here is a Youtube video presenting Amalence Supersensor technology: