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Photo: Lytro Last week, industry sources told TechCrunch that Google would soon acquire light field camera maker Lytro for somewhere between $25 million and $40 million. And while Google's part in all this hasn't been confirmed, Lytro has now formally announced that it will be shutting down, and an anonymous source has shed more light on how Google is involved. dpreview.com »
Lytro first appeared on the scene in 2011 with its unique light field cameras that allow for refocusing of an image after it has been captured. However, after the concept failed to catch on in the consumer space, the company decided to abandon this market and focus on Light Field video solutions for professional users. dpreview.com »
Google is reportedly in the process of acquiring the light field camera startup company Lytro with a price tag somewhere in the range of $25 million to $40 million. TechCrunch reports that despite receiving no official comment from Google and Lytro, “several” people familiar with the deal have confirmed it. If a sale for $40 […] petapixel.com »