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Posts Tagged ‘Company’

Samsung to acquire smartphone camera tech company CorePhotonics

29 Jan

According to sources familiar with the matter, Korean smartphone maker Samsung is close to acquiring Israel-based technology company CorePhotonics. The deal could be worth $ 150 million.

CorePhotonics isn’t a company end consumers are too familiar with, but it has been one of the pioneers of the multi-camera trend in smartphones. Most notably it was the company behind OPPO’s 5x zoom module and was likely also involved in the creation of OPPO’s latest 10x zoom camera. It’s unknown at this point what the acquisition would mean for the relationship with OPPO.

The CorePhotonics name also appeared in the news when the company filed several law suits against Apple for patent infringement. The legal dispute is still ongoing.

Zoom reach is one of the very few areas where smartphone cameras still can’t keep up with stand-alone compact cameras and is likely going to be an important differentiator for brands when launching the next generations of smartphones. In this context the acquisition makes a lot of sense for a manufacturer like Samsung.

Articles: Digital Photography Review (dpreview.com)

 
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Colorado Tripod Company introduces ‘world’s first titanium tripod system’

08 Dec

The Colorado Tripod Company has introduced what it claims is the world’s first titanium tripod system, with a crowdfunding campaign on Kickstarter. Not only does the use of titanium make the ball heads lightweight and strong, but the design of the heads also allows the camera to drop to the side below the usual 90 degrees seen in other heads.

The Highline ballhead will be available in either titanium or aluminum. The titanium model will feature a hollow ball to reduce weight. Both versions will have a locking force of 54lb and will offer left-handed controls that allow users to hold the camera and shoot with the right hand. The titanium model will weigh less than 340g (12oz), while in aluminium the same unit weighs 510g (18oz).

To accompany these heads a new line of titanium and carbon fibre legs have also been introduced. The company says that by CNC machining from a solid block of titanium it can make its metal parts stronger than manufacturers that use metal casting. Milling also means the company can make its parts more precisely, and it says it can cut the amount of material used to help reduce weight. The carbon fibre used in the Centennial legs is ten-layered, and comes from Japan.

An additional ball head called the Aspen comes only in aluminium but offers a much wider range of camera positions, as it has no housing around the ball. This allows the camera to drop well below 90 degrees, while making the head quite lightweight at only 454g (16oz).

The Highline ball head in aluminium starts at $ 79 on Kickstarter, while the titanium version can be had for $ 399. The Aspen head costs $ 179 and the Centennial tripod is $ 249 in aluminium and $ 399 in titanium. Various kits combing these products are also available. Shipping is planned to start in March.

For more information see the Colorado Tripod Company’s Kickstarter campaign page.


Disclaimer: Remember to do your research with any crowdfunding project. DPReview does its best to share only the projects that look legitimate and come from reliable creators, but as with any crowdfunded campaign, there’s always the risk of the product or service never coming to fruition.

Articles: Digital Photography Review (dpreview.com)

 
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Meyer Optik Görlitz’s parent company is insolvent, backers won’t get lenses or money returned

18 Oct

In August Net SE, the company behind Meyer Optik Görlitz, Emil Busch, C.P. Goerz, Ihagee, Oprema Jena, and A. Schacht products, was removed from the German stock exchange and subsequently filed for insolvency.

Now, the fears of Kickstarter backers of the Meyer Optik Görlitz products who have not received their lenses yet have turned into a reality: The reward will not arrive and you won’t get your money back either. Net SE is completely dead. This was first reported by German photo publication Photoscala after an official notice was published, asking to direct claims to a law firm.

Insolvency proceedings have been opened which means all hopes for backers to receive rewards or their money back have evaporated. Net SE’s lack of assets means nothing can be expected from the company and Kickstarter and other crowdfunding platforms reject all responsibility in such cases.

This isn’t the first crowdfunding project ending up in a mess but given we are dealing with several campaigns here the number of affected photographers is likely higher than usual. It’s a reminder that backing a crowdfunding project isn’t the same thing as pre-ordering and there’s always some risk of losing your money.

Articles: Digital Photography Review (dpreview.com)

 
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Net SE, parent company for Meyer Optik, others files for bankruptcy

14 Aug

Net SE, the company behind Oprema Jena, Meyer Optik Görlitz, Emil Busch, C.P. Goerz, Ihagee and A. Schacht products has been removed from the German stock exchange and has subsequently filed for insolvency.

According to documents on Net SE’s website, the de-listing occurred on July 2nd, 2018. Roughly two weeks later, on July 17th, 2018, the company filed for bankruptcy.

An exact cause for the filings isn’t mentioned, but on multiple Kickstarters (1, 2, 3, 4) for various lenses manufactured by its portfolio companies, a message was shared detailing an unfortunate car accident that nearly claimed the life of Dr. Stefan Immes, the ‘main investor’ and CEO of Net SE.

It appears a large number of backers are yet to receive lenses and accessories they pre-ordered

In the message, which was shared as an update to Kickstarter backers, the Net SE crowdfunding team notes that due to Dr. Immes inability to return to work in the ‘foreseeable future […] a large number of changes’ need to be made regarding the restructuring of the organization. The update says Net SE ‘will need until the end of October to be able to share our conclusions on how to proceed.’

Based on comments and criticism across the multiple Kickstarters Net SE companies have going on, it appears a large number of backers are yet to receive lenses and accessories they pre-ordered. Many are calling for refunds on pledges that weren’t fulfilled.

It’s unknown what the future holds for Net SE and its portfolio of companies. We’ll stay on top of this story and update accordingly. If you have any insight, don’t hesitate to drop us a line in the comments below or through our tip line.

Articles: Digital Photography Review (dpreview.com)

 
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Think Tank Photo and MindShift Gear merge into a single company

02 Aug

Camera bag and accessory manufacturers Think Tank Photo and MindShift Gear have officially merged to become a single company under the Think Tank Photo brand.

Formerly sister companies, founded by overlapping parties but operated as individual entities (Think Tank Photo Inc. and MindShift Gear LLC, respectively), the two companies will now operate under the same roof with combined business operations in Santa Rosa, California. Think Tank founder, president and lead designer, Doug Murdoch, will serve as Chairman of the Board and president of the combined company.

Despite the merger, MindShift will remain a distinct product line under the Think Tank brand, offering outdoor photography bags and accessories. As it has for more than 15 years, Think Tank Photo will continue to put out its diverse lineup of photography bags and accessories.

‘We celebrate a milestone today as we formally join two of the top brands in camera bags and photo accessories, Think Tank and MindShift,” said Doug Murdoch in the press release. ‘Combined under the Think Tank umbrella, and with MindShift’s powerful position in the outdoor photography market, we will draw on our decades of experience to push the boundaries of carrying solutions and enhance our reputation as the choice of working professionals.’

Starting today, MindShift Gear’s website will redirect to Think Tank Photo’s website, where you can find the MindShift product lineup.

Articles: Digital Photography Review (dpreview.com)

 
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Leica participates in $121M funding round for computational photography company Light

19 Jul

As far as camera makers go, Leica and Light could not be further apart. Leica has a rich photographic heritage and, at least in the minds of many photographers, stands for beautifully manufactured mechanical devices. Light is a very new company and with its 16-sensor L16 camera is by many regarded as a spearhead of innovation in digital imaging.

Nonetheless – or maybe because of those differences – Leica is now an investor and shareholder in Light. The latter just announced a $ 121 million Series D funding round led by SoftBank Vision Fund. Leica is one of the participants in the round as well, investing an undisclosed amount.

The company confirms that we will see Light-powered smartphones later this year

In the announcement the company confirms that we will see Light-powered smartphones later this year and says it is planning to use the funding to expand in sectors beyond consumer imaging.

“The new funding will allow Light to expand the reach of its imaging platform beyond consumer photography and into security, robotic, automotive, aerial and industrial imaging applications,”

Leica on the other hand seems to be hoping to get its hands on on some of the computational imaging technologies that Light is developing.

“With the rapid development of the computational photography, partnering with the innovators at Light [allows] Leica to extend its tradition of excellence into the computational photography era.”

Articles: Digital Photography Review (dpreview.com)

 
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Report: Chinese company Xiaomi may purchase GoPro

13 Apr

Chinese electronics company Xiaomi is considering an offer to buy action-cam makers GoPro, according to a report in The Information. This news follows GoPro’s January announcement that it would be exiting the market for drones in order to streamline business and become more profitable. At the same time, CEO Nick Woodman said in an interview with CNBC the company was open to a buy-out:

If there are opportunities for us to unite with a bigger parent company to scale GoPro even bigger, that is something that we would look at.

Details on the potential offer are sparse at this point in time, but the deal could be worth as much as $ 1 billion. Once valued at more than $ 10 billion, in its heyday GoPro was a success story in consumer electronics, but the company’s market capitalization has since fallen to about $ 761 million, mainly due to aggressive competition from China.

According to analysts, a buyer could leverage GoPro’s brand and make profits through device sales. Xiaomi in particular could also use some of GoPro’s camera IP in the development of camera modules for its smartphones. That said, if the Chinese company does end up buying GoPro, we hope they won’t just use the brand name and patents, and will let GoPro action-cams live on.

GoPro’s stock price has spiked 8.8 percent on the news.

Articles: Digital Photography Review (dpreview.com)

 
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KitSplit gear rental company raises $2.1m in seed funding

03 Mar

Camera gear rental company KitSplit has announced that it raised $ 2.1m in seed funding from investors that include 3311 Ventures, HearstLab, Entrepreneurs Roundtable, NYU Innovation Venture Fund, and others. The funds will, in part, help the company grow its presence in Los Angeles, according to TechCrunch.

KitSplit is an affordable—and increasingly popular—gear rental company that boasts a large customer base including notable companies like National Geographic and NBC. For renters, KitSplit provides access to a large roster of gear, including lights, camera, lenses, and even VR equipment, which are listed for rent by both individuals and businesses.

The company acquired then-competitor CameraLends last year, a business move that made it the largest rental company in the world.

According to company CEO Lisbeth Kaufman, who spoke with TechCrunch, digital media companies have expressed ample interest in KitSplit’s platform. “We’re reimagining the Hollywood production studio as a local marketplace,” said Kaufman. “We want to make resources like gear and staffing and location more accessible to all content creators.”

Though KitSplit offers rentals throughout the entire US, the company is currently focusing on the Los Angeles and New York City markets where it is hiring.

Articles: Digital Photography Review (dpreview.com)

 
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Ex-Lexar execs have launched a new memory card company, here’s why you should care

24 Feb

ProGrade Digital is a brand new memory card brand founded by former executives of memory maker Lexar.

In June 2017 parent company Micron unexpectedly announced the end of Lexar, but the brand was shortly after acquired by Chinese company Longsys. Now, a group of former executives from both managerial and technical backgrounds has teamed up to produce and market high-quality memory cards, directly competing with Lexar itself and other high-profile storage brands, such as SanDisk.

Initially the new company will offer two lines of cards: The CFast 2.0 cards will be available in 128GB, 256GB, and 512GB capacities for $ 230, $ 350, and $ 700, respectively, and offer transfer speeds up to 550MB/sec. The UHS-II SD-card line comes in 64GB, 128GB, and 256GB capacities for $ 55, $ 95, and $ 190, respectively, delivering speeds of up to 200MB/sec.

ProGrade says the controllers in all cards are optimized for use in professional cameras, and will each be tested from component-level down to individual memory chips before leaving the factory. Add a three year warranty into the mix, and the new cards look like an enticing alternative to the established brands for photographers who demand maximum reliability.

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The brand was officially announced last week, but rather than simply cover the news, we decided to send ProGrade a few questions instead. Specifically, we wanted to know what sets the brand apart, how they expect to compete with the big guys, and why they started the company in the first place.

Mark Lewis, Vice President Marketing for ProGrade Digital, was kind enough to answer these questions:

Do we really need another memory card company?

Yes. With Micron’s sale of the Lexar brand and Western Digital’s purchase of SanDisk, there seems to be a shift in market focus for these two iconic brands and the future is uncertain.

Their decisions to realign product lines and focus solely on higher margin industrial and OEM SKUs opens up an opportunity for a new player—one with laser-focus on the professional market and whose intent it is to fill the void and service this market of professional photo, video and cinema customers. We at ProGrade Digital are that new digital memory card company who will champion their cause.

How will your company be different than the rest?

We bring several competitive advantages to help us stand apart. First, it’s about the people involved. At the executive and engineering level our team brings extensive experience, having worked for numerous years with leading components suppliers and vendors in the design and delivery of precision products specifically for this niche. Our marketing and sales group also has deep roots within the imaging industry, including professionals who not only produce still and motion capture for ProGrade Digital, but who also regularly create for private clients. Plus we acknowledge our growing family of influencers and ambassadors from both the still and motion capture worlds, individuals whom you will soon be reading more about.

The second way that we will stand apart from the competition is our product. I’ve already touched on the fact that, through our past employment, we bring a deep level of experience having built integrity into both the Lexar and SanDisk product lines. Our work here with ProGrade Digital not only lets us expand upon that foundation but, as a smaller firm, we now have the latitude and drive to make even better products specifically for the imaging markets. Two such ProGrade Digital imaging industry firsts include 100 percent in-factory test (to help us sustain a goal of zero percent failure), plus laser-etched serial numbers on each memory card. The serial number enables us to track firmware, controller and memory type. This ability to track a card’s manufacture gives us one more tool for being that much more proactive when it comes to supporting our customer base.

Other product strengths: as executive members of the SD Association and Compact Flash Association (CFA) we work with device manufacturers and other industry leaders on the development of new technologies. ProGrade Digital products are competitively priced, and distribution is limited so that we may preserve quality and control, plus maintain a direct relationship with our customer.

How can a David hope to compete against a Goliath?

If you know the story about David and Goliath you may recall that, despite Goliath’s physical size, level of experience and massive army to back him up, it was a young, small and nimble David who took precise aim and used the right weapon. ProGrade Digital is tightly focusing on a customer that we know, and specifically developing best-in-class products able to meet the needs of the professional imaging market.

What’s the future for card form factors such as SD, CFast, CFexpress and XQD?

The future for all memory cards continues to evolve. It is difficult to predict exactly what will happen to any particular form-factor, but the standards work currently being developed by the two memory card associations will help drive the direction.

Specifically, plans are in the works to move to the PCIe interface; the PCIe interface will allow for speeds to advance beyond some of the limits of the SATA interface. Of particular note are efforts being done by the Compact Flash Association (CFA) on the CFexpress form-factor. Their work has support from the major device manufacturers, and ProGrade Digital is at the forefront of those developments. As new standards gain in popularity, I believe that we will see some current form-factors slowly begin to phase out.

A big thank you to Mark for taking the time to answer these questions. If you want to learn more about this new memory card company or browse through ProGrade’s whole product line, head over to the ProGrade Digital website.

Press Release:

ProGrade Digital Launches New Line of Professional-Quality Memory Cards and Card Readers for Use with Digital Cameras, Camcorders and Cinema Cameras

Former Lexar Executives Start New Company: Pledge to Focus on Developing and Marketing Products of Superior Performance, Quality and Reliability

SAN JOSE, Calif. – Feb 15, 2018 8:00 am EST-ProGrade Digital, anew company founded on a mission to provide the highest quality, professional grade memory cards and workflow solutions available, today announced a new line of products designed to uniquely fill the needs of today’s high-end DLSRs, camcorders and digital cinema cameras. Memory cards will be offered in a variety of formats and industry-leading capacities. The company will also design and market a selection of card readers, starting with a CFast & SD Dual Slot Workflow Reader that boasts a USB 3.0, Gen. 2 transfer protocol. ProGrade Digital’s new memory cards and card readers will become available in the month of February at www.progradedigital.com, Amazon.com and B&H Photo and Video

ProGrade Digital was founded by former executives from Lexar who held management or technical leadership positions at the company recognized as the pioneer in memory card development for digital photography. The team has more than 60 years of combined experience in the design, development and manufacture of memory cards gained while working for Lexar, SanDisk and other firms. Leveraging its experience and industry relationships, the team will focus exclusively on developing and marketing memory cards, card readers and software optimized for use within professional cinema and photography markets.

“Our goal is to be the professional’s source for top performing, professional grade memory cards and workflow solutions,” says Wes Brewer, founder and CEO of ProGrade Digital. “We will be committed to focusing our efforts on the digital imaging pro who is meticulous about his equipment and workflow-delivering the best service, plus best product quality and reliability.”

Memory Card Key Features

  • Professional-level capacities for CFast 2.0 and SDXC UHS-II memory cards
  • Optimized controllers specifically designed for use in professional-grade cameras
  • Rigorous full-card testing with serialized tracking of key components and manufacturing data for the highest quality control
  • Component-level testing down to individual memory chips for optimal quality
  • 3-year warranty

Card Reader Key Features

  • Dual slot reader for CFast 2.0 and SDXC UHS-II card formats
  • USB 3.0 Gen. 2 transfer speed of up to 10Gb/second
  • Supports concurrent full-speed flow of data from cards in each slot
  • Portable and compact
  • Includes two 18? connection cables: one for Type A to Type C and one for Type C to Type C
  • Magnetized reader bottom firmly connects reader to laptop (using included metal mounting plate)
  • 2-year warranty

ProGrade Digital memory cards are designed to provide the highest levels of performance, quality and reliability in high-end DSLRs, camcorders and digital cinema cameras from manufacturers such as Canon, Nikon, Sony and Blackmagic.

ProGrade Digital cards and card readers are available online at www.progradedigital.com, Amazon.com and B&H Photo and Video.

Articles: Digital Photography Review (dpreview.com)

 
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DxOMark splits from DxO Labs, is now an independent privately-owned company

11 Jan

In an email distributed late last month, DxOMark Image Labs announced that it has been spun-off from DxO Labs. DxOMark now exists as its own privately-owned independent company, which will continue to “pursue the development and commercialization of image quality solutions and services.”

DxO Labs, meanwhile, continues to develop its photo editing software, DxO PhotoLab, as well as the DxO One smartphone camera attachment. We’ll also keep a close eye on what DxO plans to do with the Nik Software Collection, which it recently acquired from Google and promises to update in early 2018.

The business change happened back in September, according to the email, which didn’t go into further detail about the matter. The full note reads:

We’ve had an important internal change as well: In September, DxOMark Image Labs was spun off from DxO Labs. DxOMark Image Labs is now a privately-owned, independent company. As such, we continue to pursue the development and commercialization of image quality solutions and services that support our customers in designing the best-quality camera systems for a range of markets, including smartphones, DSC/DSLRs, drones, action cams, surveillance, and automotive.

Articles: Digital Photography Review (dpreview.com)

 
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