Facebook Scoops Up Face.com

HomeTrends
Datamation Staff
By Datamation Staff

Datamation content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

TechCrunch: Facebook has announced that it will purchase Israeli facial recognition company Face.com. The companies did not reveal the acquisition price. Several media outlets are reporting that Facebook paid between $80 million and $100 million; TechCrunch’s sources say the actual price will be between $55 million and $60 million in a cash and stock deal.

Facebook will likely use Face.com’s technology to improve its photo-tagging capabilities and possibly to add mobile photo-tagging capabilities.

Previous article
IBM NNSA Sequoia Brings ‘World’s Fastest Supercomputer’ Title Back to the US
Next article
Stupid Google+ Hangout Tricks

Subscribe to Data Insider

Learn the latest news and best practices about data science, big data analytics, artificial intelligence, data security, and more.

Similar articles

Get the Free Newsletter!

Subscribe to Data Insider for top news, trends & analysis

Latest Articles

Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation’s focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.

Advertisers

Advertise with TechnologyAdvice on Datamation and our other data and technology-focused platforms.

Advertise with Us

Menu

Our Brands

Property of TechnologyAdvice.
© 2023 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.