Euvision Technologies | acquired by Qualcomm

Euvision Technologies was a high-tech company specializing in image and video recognition. The company aimed to tackle the issue of the overwhelming amount of digital images, providing a solution to organize and recognize the content within these images and videos. As a spin-off from the University of Amsterdam, their Impala software gained recognition for its capability to identify various objects within digital content, showcased by their achievements in renowned competitions such as the NIST video search competition, ImageNet, and Pascal VOC. The company gained traction in three key industries - social media content moderation, mobile image search, and forensic and enterprise image and video search. Established in 2010, Euvision Technologies showcased a strong potential for growth and innovation, leading to its acquisition by Qualcomm. This acquisition reflects the growing importance of computer vision and social media technologies in the digital era. The company's innovative approach to image and video recognition aligned with the increasing demand for advanced content moderation and search capabilities, making it an attractive investment opportunity for venture capital firms.