Facebook acquires German video-editing start-up

Mark Zuckerberg AR F8

The German-based startup Fayteq has software that is able to remove or add objects in videos, even live ones, and add effects to them.

Facebook recently bought a startup with an expertise in video manipulation, Deutsche Startups reported.

A Facebook representative confirmed the acquisition when contacted by Business Insider on Friday, but declined to discuss the terms of the deal. Facebook launched an AR platform for its built-in camera feature in April at this year's F8, with the aim of encouraging developers to build AR experiences for use in Facebook on smartphones, which Mark Zuckerberg has said will be "the first augmented reality platform that becomes mainstream".

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The company offers "innovative technologies in the area of off-line and real-time video manipulation, removing the border between reality and fiction", described Siegfried Vater, an investor and partner of Fayteq, according to TechEu.

The addition of post-production capabilities to Facebook's stack, reports suggest that Fayteq specializes in both the addition and removal of objects to video content, would further its strategy of enhancing animated content on the network.

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