Google Acquires French Image Recognition Startup Moodstocks

Google has acquired Moodstocks, a company that develops machine-learning based object recognition tech for mobile phones. The Paris-based startup will shut down its object recognition Application Programming Interface (API) after its staff joins Mountain View's Parisan R&D team, reports PC World. The purchase was made for an unknown sum, and appears like an acquihire deal. The French technology startup builds photo and object recognition software by employing deep learning techniques. The company produced a visual search API and an Android app that could identify certain kinds of objects.