Tag Archives: Buys

Lionsgate Buys Majority Stake in 3 Arts Entertainment

CREDIT: REX/SHUTTERSTOCK Lionsgate has taken a majority stake in management-production powerhouse 3 Arts Entertainment, a deal that reflects in the entertainment industry’s push to marry premium content providers with global distribution assets. Lionsgate said 3 Arts would continue to be led by partners Erwin Stoff, Howard Klein, Michael Rotenberg, Molly Madden, Dave Becky, David Miner, and Nick Frenkel. The company was founded in ... Read More »

Facebook Buys Fayteq, a Computer Vision Startup Focused on Video Editing

HIGHLIGHTS Fayteq is known for its video-editing technology Facebook can use the technology for object tracking in live videos Fayteq had sold plug-ins for video editors like ‘Adobe After Effects’ In a bid to build on its Augmented Reality (AR) ambitions, Facebook has acquired German computer vision startup Fayteq, which is known for its video-editing technology that makes it possible to add or remove ... Read More »

Exclusive: Pre-owned fashion marketplace Elanic buys P2P kids wear portal

Peer-to-peer fashion portal Elanic has acquired an online marketplace for pre-owned toys and apparel for children, a top company executive told VCCircle. According to Anjali Goyal, co-founder, Secondcry, following the acquisition, the platform will soon migrate to Elanic and she will be joining the company as head of categories. Secondcry, run by Priceless Parenting Pvt. Ltd., had started as a ... Read More »

He Buys a Lot of Ads, and He’s Frustrated With Digital

LOS ANGELES — Marc S. Pritchard, the chief brand officer of Procter & Gamble, has become the face of marketers’ frustrations with digital advertising this year. His message to the industry: Grow up. With the clout that comes with overseeing marketing for one of the world’s largest advertisers — one that includes household brands like Gillette, Tide and Crest — ... Read More »

Intel Buys Movidius, the Machine Vision Firm That Powers Google Tango

  Intel announced Project Euclid, at its Intel Developers Forum last month, based on company’s RealSense perceptual computing platform. With this announcement the company made it clear that it is serious about the concept of computer vision. Now, the company has gone ahead further and announced that it is going to acquire computer vision chipmaker Movidius. Movidius as a chipmaker ... Read More »

Apple Buys AI and Machine Learning Startup Turi

Apple Inc. seems to be taking strides towards the field of artificial intelligence just like other tech giants from the industry as the Cupertino-based company has reportedly acquired AI firm Turi, which is a machine learning platform for developers and data scientists. The iPhone manufacturer has bought the Seattle-based startup for a consideration of around $200 million (roughly Rs. 1,335 ... Read More »

Cristiano Ronaldo Buys Bugatti Veyron After Euro 2016 Championship Win

If you were one of those people watching the Euro 2016 Championship final, then you must have seen Portugal emerge victorious over France. Polrtugal’s captain, Cristiano Ronaldo, wasn’t part of the team playing on field, however, we witnessed him working his magic from the sidelines. So, the triumph was a big one and it’s only poetic that just days after ... Read More »

Google Buys Startup That Helps Smartphones Recognise Real Life Objects

Google on Wednesday announced a deal to buy Moodstocks, a French startup behind technology that helps smartphones recognize whatever they are aimed at. Moodstocks caught the US technology giant’s eye for its work in computer vision and machine learning, as well for accomplishments in enabling smartphones or other mobile devices to recognize images and objects. Google is among Silicon Valley ... Read More »

Godrej houses Buys 49% Stake In Arm happy Highrises

New Delhi: Realty firm Godrej homes has acquired a 49 in step with cent stake in its subsidiary glad Highrises from Karelides traders for Rs 248.50 crore. Godrej homes earlier had a fifty one according to cent stake in satisfied Highrises. put up-acquisition, it has increased its shareholding to one hundred consistent with cent with the aid of obtaining the ... Read More »

Minda Zooms Over 18% as Company Buys Lighting Business of Spain’s Rinder

Mumbai: Shares of auto components maker Minda Industries soared by over 18 per cent today as the company acquired Spain-based Rinder Group’s global automotive lighting business for 20 million euros (over Rs. 145 crore). The stock zoomed 18.44 per cent to Rs. 998.75 on BSE. At NSE, shares of the company spurted by 17.71 per cent to Rs. 992. The ... Read More »