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August 28, 2013 02:31 pm GMT

Apple Reportedly Acquires Swedish Firm AlgoTrim, A Company That Does Mobile Media And Data Compression

applelogo-pixelApple has acquired AlgoTrim, a Swedish startup that builds codecs and designs solutions that maximize performance of data, mobile imaging, video and computer graphics while minimizing memory requirements, according to a new report by Swedish emerging industry news service Rapidus. The acquisition would help Apple in terms of allowing it to build more efficient media deliver for mobile devices, that use less bandwidth while preserving quality.

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