Google Reportedly Looking To Acquire Lytro

Several years ago some of you guys might have been familiar with a company called Lytro. The company specialized in creating a camera that allowed users to choose where they wanted to refocus later, meaning that out of focus shots were no longer a problem. Now it looks like Google might want to buy them out.

In a report from TechCrunch, they have heard from their sources that Google is apparently looking to acquire Lytro and might be paying as much as $40 million for them. It is unclear as to what Google might want with Lytro, but presumably they might be interested in acquiring the company’s technology.

Given that unlike other companies like Apple or Samsung or Huawei that used dual cameras for their smartphones, the Pixel 2 completely relied on software to achieve the same effect, which based on reviews appears to be better than the competition. Perhaps Google might want to use that technology to integrate it inside their phones in the future, or maybe Google has something bigger planned.

Either way take it with a grain of salt since neither Google nor Lytro have made any kind of announcement, but if true then we expect that we will be hearing from either company in the near future.

Google Reportedly Looking To Acquire Lytro , original content from Ubergizmo. Read our Copyrights and terms of use.

Vivendi To Give Up Trying To Takeover Ubisoft

Several years ago it was reported that French conglomerate Vivendi was trying their hand at a hostile takeover of Ubisoft. Ubisoft on their end refused to give themselves over to Vivendi, and now it looks like Vivendi’s attempts will be no more as it has been confirmed that they will be officially backing off.

This was revealed by Ubisoft where it seems that not only will Vivendi be giving up trying to acquire Ubisoft, but they will also be selling off all their stakes in the company which is said to be worth $2.45 billion. However what’s ironic about this deal is that in order to help raise the funds to purchase back the shares from Vivendi, Ubisoft had to enlist the help of Tencent (who owns Riot and Epic Games), along with a buy-in from the Ontario Teachers’ pension fund.

Note that the deal is sort of temporary as part of the agreement is that Vivendi will not be acquiring anymore shares in Ubisoft for the next five years. Once that five years is up we suppose it’s anyone’s guess as to whether or not Vivendi will be trying to acquire Ubisoft once again. Or perhaps Ubisoft might be more amenable to an acquisition then.

Vivendi is a huge company that owns multiple brands and companies under its umbrella. At one point in time it used to own companies like Activision and Blizzard Entertainment before it spun off from Vivendi under the Activision Blizzard banner.

Vivendi To Give Up Trying To Takeover Ubisoft , original content from Ubergizmo. Read our Copyrights and terms of use.

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Google is reportedly acquiring Lytro for around $40 million

Lytro burst onto the scene in 2011 with its then-unprecedented “light field” technology that powered an oddly-shaped camera with the ability to refocus pictures after they’re taken. The first $400 camera arrived in 2012, however, after a pivot to vir…

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