Facebook buys Germany tech company that can manipulate live videos
Facebook recently bought a startup with an expertise in video manipulation, Deutsche Startups reported.
The German-based startup Fayteq has software that is able to remove or
add objects in videos, even live ones, and add effects to them.
According to TechEu, the company offers "innovative technologies in the area of off-line and real-time video manipulation, removing the border between reality and fiction," described Siegfried Vater, an investor and partner of Fayteq.
Facebook confirmed the acquisition in an email to Mashable, but a spokesperson declined to provide more details on what the company could add to the social network.
Fayteq does fit into Facebook's focus on video and augmented reality. CEO Mark Zuckerberg preached a world of mixed reality at F8, Facebook's annual development conference in April.
Facebook also went to war with television this week. The company launched its new initiative for original video, competing with the likes of Netflix and Hulu. Media publishers will be releasing a mix of reality and scripted shows later this month.
According to TechEu, the company offers "innovative technologies in the area of off-line and real-time video manipulation, removing the border between reality and fiction," described Siegfried Vater, an investor and partner of Fayteq.
Facebook confirmed the acquisition in an email to Mashable, but a spokesperson declined to provide more details on what the company could add to the social network.
Fayteq does fit into Facebook's focus on video and augmented reality. CEO Mark Zuckerberg preached a world of mixed reality at F8, Facebook's annual development conference in April.
We're making the camera the first augmented reality platform was Zuckerberg's tagline for the event.
Facebook also went to war with television this week. The company launched its new initiative for original video, competing with the likes of Netflix and Hulu. Media publishers will be releasing a mix of reality and scripted shows later this month.
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