Sony Interactive Entertainment to acquire video delivery solutions company iSIZE
"Acquisition provides SIE with significant expertise in applying machine learning to video processing."Sony Interactive Entertainment has entered into an agreement to acquire iSIZE, a London-based company specializing in deep learning for video delivery, the company announced.
“iSIZE builds AI-powered solutions to deliver bitrate savings and quality improvements for the media and entertainment industry,” said Sony Interactive Entertainment Future Technology Group senior vice president Ueli Gallizzi in a statement. “The acquisition provides [Sony Interactive Entertainment] with significant expertise in applying machine learning to video processing, which will benefit a range of our R&D efforts as well as our video and streaming services.”
iSIZE was founded in 2016 and has a team of engineers and technical experts who have developed a suite of video optimization software solutions, such as a an AI-based perceptual preprocessing solution that allows conventional, third-party encoders to produce higher quality video at a significantly lower bitrate.