Magisto is a technology company founded in 2009 to provide artificial intelligence (AI) technology for video editing. It produces an online video editor of the same name (both as a web application and a mobile app) for automated video editing and production aimed at consumers and businesses. The company was acquired by Vimeo in 2019 for an estimated US$200 million. Magisto was founded by Dr. Oren Boiman, a computer scientist that graduated from Tel Aviv University followed by graduate work in computer vision at the Weizmann Institute of Science. Boiman developed a number of patent-pending image analysis technologies that analyze unedited videos to identify the most interesting parts. The system recognizes faces, animals, landscapes, action sequences, movements and other important content within the video, as well as analyzing speech and audio. These scenes are then edited together, along with music and effects. More information...
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