Sony Interactive Leisure Lately introduced its acquisition of video know-how and streaming firm iSIZE. iSIZE is a “London-based firm specializing in deep studying for video supply.” In response to Sony, “The acquisition gives SIE with vital experience in making use of machine studying to video processing, which is able to profit a spread of our R&D efforts in addition to our video and streaming companies.” The price of the acquisition will doubtless not be disclosed “on account of contractual commitments.”
The total particulars through the Sony Interactive web site:
We’re thrilled to announce that Sony Interactive Leisure LLC (“SIE”) has entered into an settlement to amass iSIZE, a UK-based firm specializing in deep studying for video supply. iSIZE builds AI-powered options to ship bitrate financial savings and high quality enhancements for the media and leisure business. The acquisition gives SIE with vital experience in making use of machine studying to video processing, which is able to profit a spread of our R&D efforts in addition to our video and streaming companies.
Based in 2016 and based mostly in London, iSIZE has a workforce of proficient engineers and technical consultants who’ve developed a collection of software program options to optimize video. For instance, the corporate constructed an AI-based perceptual preprocessing resolution that permits typical, third-party encoders to supply greater high quality video at a considerably decrease bitrate.
We sit up for welcoming the iSIZE workforce to SIE.
*Phrases of this transaction, together with the acquisition value, will not be disclosed on account of contractual commitments.
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