The deal could push Intel further into next-generation technologies including VR, drones and artificial intelligence.
Remi El-Ouazzane, CEO of Movidius said in a blog post that Movidius will continue to focus on the "mission to give the power of sight to machines," but the deal will give the firm's development teams more resources to boost research and execute at scale.
The executive also revealed that Movidius has recently begun to focus on granting "sight" to low-power hardware, a complex task considering the use of sophisticated algorithms at the device level. At Intel, this challenge will continue, but cloud computing and networking will also be included in the project.
See the full story here: http://www.zdnet.com/article/intel-snaps-up-movidius-to-create-future-computer-vision-virtual-reality/