Monday, November 15, 2010

Intel Reportedly Bought Digital Signage Company CognoVision For $17 Million

It looks like Intel has just bought Toronto-based digital signage company CognoVision. According to a report on the Daily Dooh, the acquisition price is around $17 million. We've also heard a credible rumor that the deal was worth north of $25 million. We reached co-founder and director of business development Haroon Mirza on the phone who refused to comment on the report. So why would Intel want CognoVision? The company's digital signage offerings go beyond just providing compelling displays for marketing purposes. CognoVision's computer vision technology provides customers with analytics and intelligence around customer interaction with displays, including data on the number of people who look at displays; how long people look for; the number of people who walk by; how long people stay near displays; and anonymous semographics of the display's audience (gender and age bracket).

MANTECH INTERNATIONAL MANHATTAN ASSOCIATES

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