# Intel Corporation acquires Movidius: acquisition

Canonical ID: `c0df37ef-05ed-4356-aae4-b7e48c386947`

Intel acquired Movidius (announced Sept 6, 2016; ~$400M reported), a maker of low-power computer-vision (VPU) chips used in drones, VR, and edge AI, bolstering Intel's RealSense and vision portfolio.

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** $400.0M (reported, approximate)
- **Verification posture:** verified

## Parties

- **Acquirer:** [Intel Corporation](https://registry.deploy.report/companies/intel.md)
- **Acquired:** [Movidius](https://registry.deploy.report/companies/movidius.md)

## Timeline

- **Announced:** 2016-09-06

## Sources (1)

1. https://techcrunch.com/2016/09/05/intel-buys-computer-vision-startup-movidius-as-it-looks-to-build-up-its-realsense-platform/


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