Google Inc. (NASDAQ:GOOG) has acquired Green Parrot Pictures, a company that has developed technology for stabilizing low-quality, amateur, and jerky video quality. Green Parrot Pictures also reduces visual noise in the videos. The best part of it all is that the fixes are being made as the videos are being uploaded.
Green Parrot Pictures was founded by Associate Professor Anil Kokaram at the Engineering School of Trinity College in Dublin, Ireland six years ago. Major studio productions have used Green Parrot’s technology to improve video in Lord of the Rings, X-Men, and Spider-Man. Every week, YouTube sees video uploaded that is the size of about 170,000 full length movies.