Mantis Vision Acquires Alces Technology

Globes: Israeli 3D sensing company Mantis Vision completes the acquisition of Jackson Hole, Utah-based Alces Technology. The newspaper's sources suggest the acquisition was for about $10m. Earlier this month Mantis Vision raised $55m bringing its total investment to $84m. Alces is a depth sensing startup developing a high-resolution structured light technology.

Mantis Vision CEO Gur Bitan says, "Mantis Vision is leading innovation in 3D acquisition and sharing. Alces is a great match and we look forward to bringing their innovations to market. Alces will be rebranded Mantis Vision, Inc. and operate as an R&D center and serve as a base for commercial expansion in the US."

Alces CEO Rob Christensen says, “Our combined knowledge in hardware and optics, along with Mantis Vision’s expertise in algorithms and applications, will enable an exciting new class of products employing high-performance depth sensing.”

Here is how Alces used to compare its technology with Microsoft Kinect: