Movidius is a silicon chip company company that is headquartered in Dublin, with operations in Belfast, Romania and Hong Kong. The chips that they create are especially designed to bring the best 3D video experience to mobile phones, tablet computers and consumer products.
The vision for Movidius came from their CTO, David Moloney. He had been doing some research around high-performance computing, and came up with some architectural ideas for new processors that would have a very large amount of computing power with very low power consumption. This could be extremely useful to the mobile computing market as there is only so much power for a given battery size.