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Earlier this week, we heard rumors that Google was in the process of acquiring the augmented reality and image recognition firm Viewdle. Turns out those rumors were true. Google’s Motorola Mobility unit just announced that it has indeed acquired the company.
Google's MM Acquires Image and Gesture Recognition Firm, Viewdle [techcrunch.com]
While Motorola isn’t disclosing the price of the acquisition, the rumor mill pegs it between $30 million and $45 million.