Huawei Buys Russian Facial Recognition Technology
Chinese telecom giant Huawei has purchased the intellectual property rights to facial recognition systems designed by a Russian developer and manufacturer of high-tech security technology.
Some employees of Moscow-based Vokord will also be transferred to Huawei as part of the $50-million agreement, according to sources close to the deal, as quoted by Vedomosti.
Huawei Buys Russian Facial Recognition Technology
Source: RI