February 10 - 12:02
Facebook acquires computer vision startup Scape Technologies
Facebook has completed the acquisition of Scape Technologies, a UK startup specialising in computer vision technology. Scape is building a tool that takes location accuracy beyond the capabilities of GPS. Its cloud-based service translates images into 3D maps. Reports suggest Facebook could have paid up to $40 million for the company. It now controls 75% of Scape, according to a regulatory filing.
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