Feeds

Intel swoops for Korean face recog start-up - reports

In your FACE ARM!

Choosing a cloud hosting partner with confidence

Intel has reportedly swooped for Korean face recognition firm Olaworks in a 35 billion won (£19.3m) deal which could be useful for the chip giant in its continuing efforts to break into the smartphone space with its Medfield platform.

Although Intel told The Reg it refuses to comment on speculation, The Korea Herald claimed it was a done deal, citing an unnamed source who explained that Chipzilla was already familiar with the start-up because its VC arm Intel Capital is a major shareholder.

Olaworks produces face recognition technology which is used in smartphones, digital cameras and even CCTV and IP cameras.

The company’s flagship service ScanSearch is a Windows Phone, Android or iOS app marketed as a visual search engine, which can bring up relevant contextual information if a user scans a bar code, QR code or even a street sign.

Gartner analyst Ken Dulaney told The Reg that Intel’s decision to acquire was probably informed by the growing popularity of face recognition software in the consumer space.

“Many cameras and other consumer electronics are using this. Not for high security but for consumer uses where best case is good enough,” he said.

“Android, which Intel supports, has a facelock mechanism that uses the camera to unlock the phone.”

IDC’s Bryan Ma went further, arguing that the buy could be part of Intel’s efforts to showcase x86 to the industry and prove it’s better than market leader ARM in the mobile space.

“It has been trying to position Medfield as a better performance processor using the same power consumption as ARM,” he told The Reg. “In the spirit of this it would make sense for Intel to move for technology and apps which can harness that horsepower to differentiate it from ARM.” ®

Internet Security Threat Report 2014

More from The Register

next story
Hi-torque tank engines: EXTREME car hacking with The Register
Bentley found in a hedge gets WW2 lump insertion
What's MISSING on Amazon Fire Phone... and why it WON'T set the world alight
You fought hard and you saved and earned. But all of it's going to burn...
Trousers down for six of the best affordable Androids
Stylish Googlephones for not-so-deep pockets
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
prev story

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Business security measures using SSL
Examines the major types of threats to information security that businesses face today and the techniques for mitigating those threats.