Qualcomm, Huayi Brothers and Foxconn are set to exit the light-field imaging technology developer in a deal reportedly worth between $25m and $40m.
Internet technology provider Google is set to acquire US-based imaging technology developer Lytro, in a deal that will enable corporates Qualcomm, Huayi Brothers and Foxconn to exit, TechCrunch reported on Wednesday.
Google will pay between $25m and $40m for Lytro, which had raised more than $200m altogether, according to different sources, one of which described the prospective transaction as an “asset sale”. Neither Google nor Lytro confirmed TechCrunch’s report.
Founded in 2006, Lytro has developed a light-field camera and imaging…
