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Google Buying Photo-Analysis Startup Jetpac


Great news from Google. 

Google Inc. (GOOG) is buying Jetpac Inc., a software developer for analyzing digital pictures, as it seeks to organize the world’s information and deliver it alongside advertisements on desktops and mobile phones.

The San Francisco-based startup uses information gleaned from social-media photos, such as Facebook Inc.’s Instagram service, to create city guides. By analyzing pictures of food, decor and people, Jetpac’s software offers insight into city locales. Terms of the acquisition, disclosed on Jetpac’s website yesterday, weren’t disclosed.

http://www.bloomberg.com/news/2014-08-15/google-buying-photo-analysis-startup-jetpac.html