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Google acquires Moodstocks for image recognition

Google in recent days announced that it has entered an acquisition agreement with Moodstocks, a company that operates in image recognition. It is a French startup founded in 2009 and which introduced a recognition image solution in 2012 enabling the smartphone to recognize anything captured by the camera.

Over the past two and a half years, a small group of researchers and engineers has used the techniques and the deep learning technologies to expand recognition algorithms of objects, providing licensed executable code and offering a software development kit OEMs interested in integrating the solution into their products. The Moodstocks API allow integrating a visual search functionality in applications, with the analysis of the images to find correspondences of color, shape or texture.

The acquisition will be finalized in the coming weeks, but the economic value of the transaction is confidential information. The group of researchers and engineers Moodstocks will be integrated within the research and development of Google in Paris and will contribute to Google's activities in artificial intelligence focusing on developing solutions and tools to recognize images to ' inside the big G.

Moodstocks said that following the acquisition will suspend all image recognition services under the brand Moodstocks, but that all the existing customers can use the tools until the license expires.

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