Finnish 3D graphics firm DrawElements acquired by Google.
In its latest business move – search engine giant Google – has bought over a Helsinki-based 3D graphics startup DrawElemants. The financial details of the deal are still shrouded in uncertainty, but the sale price is being speculated at around $10 million.
DrawElements’ technology allows developers to test various GPUs across mobile devices. Google’s Android platform is used extensively across different hardware, thereby aiding the tech giant to further develop its technology.
Draw elements in a statement said, “We’re excited to announce that we’re joining Google. Thanks to everyone who has helped us along the way; we’re grateful for your support, over the next few months, we’ll be working with our colleagues on the Android team to incorporate some of our technology into the compatibility test suite. Stay tuned!”
DrawElements’ managing arm will be taken over by Google’s headquarters in Mountain View California.
The remaining members of the company will stay back in Finland. With this recent acquisition, it is quite clear that Google is stepping up its mergers and acquisitions activity. It is also looking out to further escalate its skilled employee population which will aid the company’s technological prowess.
In 2014, Google has already announced at least ten such other transactions.
Photo Credits: 9to5 Google