Sone is Acquiring iSIZE, a Company Specializing in Deep Learning for Video Delivery
Many are expecting Sony to resume its spending spree and continue to make major acquisitions in the coming months, and while it remains to be seen which studios the company will be targeting, for now, it’s continuing to make deals with relatively lesser-known names who aren’t necessarily tied to the actual game development side of things.
Sony has, for instance, announced that it has entered into an agreement to acquire iSIZE, a company based in London in the UK that specializes in deep learning for video delivery solutions, utilizing AI-powered methods that enable improvements in video quality as well as bitrate savings.
“The acquisition provides SIE with significant expertise in applying machine learning to video processing, which will benefit a range of our R&D efforts as well as our video and streaming services,” writes Ueli Gallizzi, senior vice president of Sony Interactive Entertainment’s Future Technology Group.
Terms of the acquisition, such as the price at which the company has been acquired, haven’t been disclosed.
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