News blog
Seeing Machines
- BY: Andrew Hore |
- POSTED: 13/07/2010 |
Seeing Machines has won two contracts for its API technology, which tracks the movement of people.
Pillar Vision, which already incorporates the software in its basketball shooting and performance analysis and training products, has signed an additional licence for its next generation Noah Instant product, which is aimed at the whole range of basketball players. The previous software is meant for higher level players. This means that the revenue sharing royalty based agreement could be lucrative.
The other agreement is with Di-O-Matic of Canada, which will use the API software for 3D visualisation for computer graphics. Di-O-Matic’s customers include Disney and SEGA. The licence is in the same form as the licence with Pillar Vision.
At 3.25p a share, Seeing Machines is valued at £13.2m.
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