Google Acquires French Startup for Image-Recognition IP
Moodstocks' software uses machine learning to make searchable various images in video from smartphones and tablets.Google is known for plenty of innovation emanating from within its own walls, but sometimes it's simpler and more direct to buy specific types of intellectual property in order to get a project up and running. Barely a month after launching a machine-learning research center in Zurich, Google July 6 decided to expand its artificial intelligence operation with the acquisition of Paris-based startup Moodstocks. The young company, itself pretty innovative, developed an image-recognition tool optimized for video captured in smartphones and tablets. The software makes searchable various images in video. Details of the acquisition were not released. Founded in 2008, Moodstocks has a small development group that will join Google's R&D team in Paris, where they will continue to develop their machine vision tools as part of Google's services.
Started With Offline Scanner
Moodstocks launched an offline scanner nearly three years ago that later was morphed into an iOS application for searching for products in physical print catalogs. Later the company came out with a cloud-based implementation of the software that enabled third-party app makers to use it in their own app development.