Google is buying light field pioneer company, Lytro for a deal that is reported to be somewhere between $25 million and $40 million although one report claims that Google is getting only the assets of the company. The company was valued at $360 million at the time of its last investment round and had raised $200 million since it started according to data from Pitchbook and quoted by TechCrunch.
Analyst Comment
As we have reported, some of Lytro’s technologists have already moved on to new ventures (Light Field Displays are Coming) and the company pivoted towards VR at the end of last year (Lytro Looks to VR for New Technology Applications) (BR)
