Facebook acquires German video-editing start-up

Postado Agosto 12, 2017

Facebook has acquired a German company called Fayteq that builds software add-ons for video editing that can remove and add whole objects from captured video using computer vision. Facebook's move into becoming an AR platform was made more interesting when Apple revealed plans to actually do much the same thing at a system level throughout iOS with ARKit, which makes it astonishingly simple for developers to add virtual objects to scenes.

A Facebook representative confirmed the acquisition when contacted by Business Insider on Friday, but declined to discuss the terms of the deal.

Facebook recently bought a startup with an expertise in video manipulation, Deutsche Startups reported. The startup is Germany-based, with its LinkedIn page suggesting that it has between 11-50 employees, and a statement on Fayteq's website claiming that its "products and services are not available for purchase". Object tracking in live video is also something the company has been working on as part of its augmented reality efforts, which is why it may be interested in Fayteq's patents and other intellectual property as well.