PicScout

Image Recognition

Acquired (Inactive) by Getty Images on Apr 2011 - closed due to acquisition

Company Overview

Snapshot

Founded in December 2002, PicScout operated with 11–50 employees. The company was acquired by Getty Images in April 2011, marking a significant exit in the image recognition sector.

Business overview

PicScout developed and deployed image-recognition technology to provide services for content providers and image consumers. The company's core technology leveraged a registry of 270 million owner-identified images to track online image usage, analyze trends, and enrich metadata, enabling users to monetize imagery. PicScout operated within the Software Applications sector, focusing on artificial intelligence and image recognition for enterprise and professional services, particularly within legal services.

Strategic signal

In April 2011, PicScout was acquired by Getty Images. This acquisition validated PicScout's image recognition technology and its value proposition in the digital content and copyright protection markets, indicating a strategic move by Getty Images to enhance its capabilities in image tracking and monetization.

Company Intelligence Q&A

What is PicScout's primary focus?
PicScout specializes in image recognition technology, providing services to content providers and image consumers to track online image usage, analyze trends, and enrich metadata.
When was PicScout acquired and by whom?
PicScout was acquired by Getty Images in April 2011.
What was the strategic impact of the acquisition by Getty Images?
The acquisition by Getty Images in April 2011 integrated PicScout's image recognition technology, enhancing Getty Images' capabilities in content monetization and copyright protection.
What type of technology does PicScout utilize?
PicScout utilizes artificial intelligence, specifically image recognition and deep learning, to power its tracking and analysis tools for digital imagery.
Which markets does PicScout serve?
PicScout serves the Israeli, United States, and United Kingdom markets, focusing on enterprise and professional services, particularly within the legal services sector for copyright protection.

External links