Hyperlapse, Instagram’s New App, Is Like a $15,000 Video Setup in Your Hand

A similar project has been developped by Microsoft Research : http://research.microsoft.com/en-us/um/redmond/projects/hype...

And a link to the HN thread: https://news.ycombinator.com/item?id=8160571

Didn't Microsoft Research just release the exact same project with the exact same name? How are these related?