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Apple said to have secretively bought Israel’s Camerai, a maker of camera tech – The Times of Israel

The acquisition took place more than a year ago for a few tens of millions of dollars but was kept under wraps, Calcalist says; Camerai tech already in use by Apple

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US tech giant Apple Inc. has acquired Israeli startup Camerai, a maker of camera technology. The acquisition, totaling some tens of millions of dollars, was kept under wraps, Calcalist financial website reported on Thursday, without providing its information source.
Apple acquired the firm more than a year ago, and the technologies developed by the startup have already been integrated into Apple’s smartphone cameras, Calcalist said.
Formerly known as Tipit, the startup uses artificial intellig…

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