# Computer Vision Acquisitions Facebook Recently Purchased a Majority Share in Scape Technologies By Daniel Johnson | Published 2020-02-11 | Business Source: Trend Hunter, https://www.trendhunter.com/trends/scape-technologies References: [techcrunch](https://techcrunch.com/2020/02/08/scapebook/) & [scape.io](https://www.scape.io/) Scape Technologies is a computer vision startup company that is exploring different uses for location accuracy outside of GPS systems, and the company was recently purchased by [Facebook](https://www.trendhunter.com/trends/the-facebook-metaverse). Facebook did not announce what it plans to do with the acquisition, however, Facebook did purchase a majority stake in the startup. Scape Technologies was founded in 2017, and it was working to create a 'Visual Positioning Service' which would allow app creators better access to improved location accuracy. The startup was looking to use the 'Visual Positioning' Service' for [augmented reality](https://www.trendhunter.com/trends/niantic-scopely), however, the system could be used in a number of different capacities. Facebook could adapt the system in a number of different ways, including [VR or other capacities](https://www.trendhunter.com/trends/teleport-by-varjo). Image Credit: Shutterstock ## Trend Insights (Trend Hunter) - Score: 2.5/10 - Popularity: 25% | Activity: 41% | Freshness: 9% - Audience gender: 50% men, 50% women - Primary generations: Gen Z, Millennial, Gen X - Top markets: North America, South America, Europe, Asia, Africa ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) > [Market](https://www.trendhunter.com/market) ## Key Themes ### What Makes This Trend Stand Out - **Visual Positioning Service:** The trend of utilizing visual positioning services for improved location accuracy presents disruptive innovation opportunities for app creators and companies in the augmented reality industry. - **Computer Vision:** The trend of leveraging computer vision technology offers disruptive innovation opportunities for companies in various industries, including VR, robotics, and automation. - **Acquisitions in Computer Vision:** The trend of major players acquiring computer vision startups creates disruptive innovation opportunities in industries such as social media, e-commerce, and advertising. ### Sectors Adopting This - **Augmented Reality:** The augmented reality industry can explore disruptive innovation opportunities by implementing visual positioning services to enhance location accuracy in AR apps. - **Virtual Reality:** The virtual reality industry can leverage computer vision technologies to create immersive and interactive VR experiences, leading to disruptive innovation opportunities. - **Social Media:** The social media industry can benefit from computer vision acquisitions by incorporating advanced image recognition and analysis tools to enhance user experiences and content monetization. ## Related on Trend Hunter - [Perception Platform Acquisitions](https://www.trendhunter.com/trends/ouster-acquired-stereolabs.md) - [Mixed Reality Business Acquisitions](https://www.trendhunter.com/trends/google-android-xr.md) - [VR Developer Acquisitions](https://www.trendhunter.com/trends/ndreams.md) - [Wearable Metaverse Initiatives](https://www.trendhunter.com/trends/snap-spectacle.md) - [Metaverse Studio Acquisitions](https://www.trendhunter.com/trends/infinite-reality-landvault.md) - [Spatial Computing Shopping Apps](https://www.trendhunter.com/trends/alo-sanctuary1.md) - [Scan-to-VR Technologies](https://www.trendhunter.com/trends/teleport-by-varjo.md) - [Refocused Mixed Reality Initiatives](https://www.trendhunter.com/trends/google-glasses.md) - [Mixed-Reality Shopping Apps](https://www.trendhunter.com/trends/apple-vision-pro-shopping-app.md)