Apple has acquired AlgoTrim, a Swedish company that builds compression algorithms for mobile phones. The acquisition was first reported by Rapidus and then confirmed by TechCrunch. AlgoTrim announced in March that it would be powering a Photo Album app for Japanese carrier KDDI. The company developed a JPEG processor that made processing up to six times faster than the … [Read more...] about Apple Acquires Swedish Mobile Data Compression Firm AlgoTrim
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