Google has acquired DNNresearch, a company that focuses on voice and image recognition. DNNresearch spun out of the University of Toronto computer science department last year. Google will get access to the technology that university professor Geoffrey Hinton and two graduate students, Alex Krizhevsky and Ilya Sutskever, created.
“Geoffrey Hinton’s research is a magnificent example of disruptive innovation with roots in basic research,” stated University of Toronto President David Naylor. “The discoveries of brilliant researchers, guided freely by their expertise, curiosity, and intuition, lead eventually to practical applications no one could have imagined, much less requisitioned.”
Before acquiring the company, Google previously gave Hinton’s research group $600,000. This is Google’s second acquisition for the year. Last month Google acquired Channel Intelligence for $125 million.