Friday, September 12, 2014

Qualcomm Acquires Dutch Vision Software Startup

Startup Juncture reports that Qualcomm has acquired Amsterdam, Netherlands-based image and video recognition startup Euvision Technologies. The deal is rumored to be in the range of tens of millions of euros. Euvision was founded in 2010 as a spin-off from University of Amsterdam. Euvision software is capable of recognizing faces, license plates and can identify ID cards, checks, Excel sheets, sunsets, beaches, etc.

A Vimeo video shows the company's pitch:

Thanks to BVB for the info!

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