Google has reportedly purchased Lytro for around $40 million, a new report says, and that may be quite a deal for a camera company that was once valued at more than $360 million.
Lytro, which devised technology that lets you refocus an image after you’ve taken the photo, wasn’t able to come up with any groundbreaking products of its own. But Google may turn things around for the company, and integrate Lytro technology in all sorts of camera projects in the near future, including Pixel hardware, its Photos app, and especially AR and VR.
Read more at BGR