Qualcomm acquires Kooaba to bolster its Vuforia cloud recognition service
Mobile chip maker Qualcomm has acquired image recognition company Kooaba. The acquisition is aimed to bolster Qualcomm’s Vuforia cloud recognition service with adding enhanced cloud-based image recognition features.
On announcing the acquisition, Till Quack, co-founder of Kooaba, said;
“Herbert Bay and I founded kooaba in 2007 with the vision that image recognition on mobile devices will make the world around us interactive. The kooaba team is now excited to be working on the future of visual recognition and augmented reality with our new colleagues from the Vuforia team.”
Kooaba came into existence by Till Quack and Herbert Bay in 2007 as an image recognition startup company. Switzerland-based Kooaba provided image recognition service on mobile devices which even impresses Qualcomm for the uplift of its cloud platform.
The acquisition will result the combination of Kooaba with the existing team of Vuforia. Using Kooaba technology and resources, Qualcomm’s Vuforia will expand its image recognition features and add further innovations in visual recognition and augmented reality.
As an effect of the new deal, Kooaba is no longer accepting new inquiries and the team behind the image recognition company will be shifted to Vuforia.