Ideosource Snabs iOS Developer Company Touchten

Ideosource, an investment fund set up by former Plasa.com exec Andi S Boediman successfully snabs a new portfolio and this time is an iOS developer company called Touchten.

Touchten produces iOS apps and games, including popular games such as Sushi Chain, Castle Runner, War Mania and Free Kick Mania. Sushi Chain even made its way into the top 15 games on Japanese iTunes Store, an incredible achievement for Touchten. Beside games, Touchten also build iOS apps such as Health Myth, Kho Pinghoo among others.

Touchten was founded by Anton Soeharyo and was basically consisting his Indonesian friends while they were studying in Tokyo. The company has expanded since then, specializing for iOS devices and producing contents (games and apps) as well as growing the team.

Touchten is Ideosource’s second portfolio after they announce eEvent as their first company to incubate a few months ago. To be honest, Andi Boediman and partners are putting a big bet on the adoption of iOS devices in Indonesia with this investment. Of course from another angle, Touchten is definitely going to produce non-local contents, but in the long run they have to pay more attention to the local market.

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Gaming Company SoybeanSoft Closes Funding Round From East Ventures

Jogjakarta based gaming company SoybeanSoft today announces their strategic partnership with East Ventures. SoybeanSoft is a multiplatform game developer focusing on the local market such as ‘Hunter Story an action-RPG for the web, iOS and Android.

SoybeanSoft is a game studio founded in 2007 and has released several casual web games for licensing. SoybeanSoft has been working with several major game portals worldwide, including MochiMedia, ArmorGames, DisneyXD, Candystand, and SpielGames. SoybeanSoft is East Ventures’ second gaming company on their portfolio after early this year Bandung-based mobile gaming company Nightspade also closes funding round from East Ventures.

View the http://wire.dailysocial.net/?p=34.

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Google Acquires Facial Recognition Company

Google recently bought Pittsburgh Pattern Recognition, which is also known as PittPatt. The company develops face recognition technology in video and images. Its founders began the company at Carnegie Mellon University’s Robotic Institute in the 1990s and they formed the company in 2004.

Google utilizes computer vision technology in some of its products such as Image Search, Picasa, YouTube, and Goggles. PittPatt said that the search giant will benefit from its technology and research and would bring it to a wider audience.

PittPatt added that it will continue innovating computer vision technology in applications that would range from simple photo organization to complex tasks such as mobile and video applications. Expect more new features to come out from Google that would include face recognition. There are speculations that the search engine will use the face recognition technology on its Google+ social network.

PittPatt technology could be used for facial recognition services, such as tracking faces in videos and sorting photos according to the faces that are found in the photo. It also releases software development kits so that developers could come up with apps that would utilize its technology. But that was before Google bought the company.

The details about the deal were not disclosed to the public and Google was not available for comments about its latest acquisition.

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