Sony Interactive Entertainment (SIE), the parent company of PlayStation, has reached an agreement to acquire the business of iSIZE, a company specializing in Deep Learning for video quality enhancement by reducing bitrates without compromising video quality. However, SIE has not disclosed the value of the acquisition.
Ueli Gallizzi, Vice President of SIE’s Future Technology Group, stated that the acquisition of iSIZE will enhance Sony Interactive Entertainment’s expertise in video processing. This will be beneficial for the company’s research and development efforts, as well as video services and streaming.
Founded in 2016, iSIZE has a team of engineers and technical experts who have developed software to optimize video performance. This includes advanced AI-powered predictive processing, which enables general Video Encoders to produce higher quality videos at lower bitrates.
TLDR: Sony Interactive Entertainment has agreed to acquire iSIZE, a company specializing in Deep Learning for video quality enhancement. This acquisition will enhance SIE’s expertise in video processing, benefiting their research, development, and video services. iSIZE, founded in 2016, has developed software that improves video performance by using AI to optimize video encoding.
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