Tessera has acquired the technology assets and substantial patent portfolio of Pelican Imaging Corporation. The addition will enable Tessera, through its FotoNation subsidiary, to accelerate development of computational imaging solutions for use in next generation applications and devices.
"This acquisition shows our commitment to further invest in strategically building our growing portfolio of multi-camera and smart imaging solutions," said Tom Lacey, CEO of Tessera. "We will integrate Pelican's advanced imaging technologies and engineering talent with FotoNation, to accelerate the development of deeper and more feature-rich solutions to capitalize on the growing demand for these technologies."
The email I received says "Pelican Imaging was only left with 4-5 employees & significant debt funding.
Finally, it had to shut down - with no customers, no revenue for 8 years of array camera technology IP. Two years ago, they had 45 employees and all the key R&D (both IP & Engg team) folks bailed out and left Pelican."
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