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Google is reportedly acquiring Lytro, a company that made light field cameras and hoped to pivot to virtual reality video capture. Google appears to have gotten a good (or at least cheap) deal:
Multiple sources tell us that Google is acquiring Lytro, the imaging startup that began as a ground-breaking camera company for consumers before pivoting to use its depth-data, light-field technology in VR.
One source described the deal as an "asset sale" with Lytro going for no more than $40 million. Another source said the price was even lower: $25 million. A third source tells us that not all employees are coming over with the company's technology: some have already received severance and parted ways with the company, and others have simply left. Assets would presumably also include Lytro's 59 patents related to light-field and other digital imaging technology.
The sale would be far from a big win for Lytro and its backers. The startup has raised just over $200 million in funding and was valued at around $360 million after its last round in 2017, according to data from PitchBook.
Despite a lot of hype, Lytro had little success with its expensive, ergonomically challenged, and low resolution light field cameras for consumers.
Also at 9to5Google and Engadget.
Related: LinkedIn's Top 10 Silicon Valley Startups for 'Talent Brand' - Note: Both Lytro and Theranos are on the list.
A Pocket Camera with Many Eyes - Inside the Development of Light
(Score: 4, Interesting) by takyon on Wednesday March 21 2018, @09:13PM (1 child)
This is the most technically advanced smartphone camera ever made [businessinsider.com] (Huawei P9)
Dual-camera phones are the future of mobile photography [theverge.com]
Understanding the dual camera systems on smartphones [gsmarena.com]
Most people will be introduced to these features by their smartphones.
[SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]
(Score: 1, Informative) by Anonymous Coward on Thursday March 22 2018, @03:15AM
I'm not a photo guru, but those all sound like software improvements not hardware. Just two cameras with software to mix the photos in different ways. CAT has an IR camera on their phone and can mix the IR and visible light pictures together.