Morpho

[Information]

2018 . 11 . 01

Morpho, Inc.

Morpho Acquires Majority Stake in Top Data Science Ltd.
~A Bid to Drive Innovation in Computer Vision and AI~


Tokyo, Japan – November 1, 2018– Morpho, Inc. (hereinafter, “Morpho”), a global leader in image processing solutions and imaging AI solutions, has acquired majority stake of Top Data Science Ltd. (hereinafter, “TDS”), making it a child company of Morpho.

In September 2017, Morpho formed a strategic alliance with TDS, a Data Science company with strong background in Deep Learning and Computer Vision.
The intention of this alliance was to pursue faster growth by combining the strengths of both companies. This collaboration resulted in the launch of “Morpho Pose Estimator™”(https://www.morphoinc.com/en/technology/poes), a Deep Learning product that can detect and estimate human or object poses in digital images, in May 2018.
Morpho and TDS will continue collaborating in R&D projects to develop novel algorithms that satisfy the needs of a wide range of users, while globally expanding the product lineup that combines cutting-edge technology from both companies.

"This acquisition further strengthens the collaboration between Morpho and TDS. Consequently, we can combine Morpho’s cutting-edge technology in Image Processing and Deep Learning with TDS’s R&D skills in Computer Vision and Deep Learning, to create high performance, high quality computer vision solutions that cater to a wider range of industry needs. We expect our collaboration to energize innovation and accelerate commercialization in both companies. ", said Masaki Hiraga, President of Morpho.

"Morpho has the market leading image processing software portfolio with over 2,5 billion software licenses sold since 2004. Combination of Morpho's superior product development, licensing and customer support expertise will give us an opportunity to continue our fast growth and support our existing customers in bigger projects and global product usage. We have been successfully working together with Morpho since 2017 in the area of AI and computer vision. First AI based joint product, Pose Estimator was released earlier this year. We are currently developing next exciting AI based products, so this acquisition was a natural step in our companies already close collaboration", said Timo Heikkinen, CEO, TDS.
・About TDS: http://topdatascience.com/

*Morpho and the Morpho logo are registered trademarks of Morpho, Inc.

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