As rumoured earlier, Facebook has acquired Israel-based facial recognition platform Face.com, reports AllThingsD. Face.com founded back in 2007 offers both desktop and mobile products, which scans users’ photos identifying faces. Although terms of the deal were not disclosed, but the deal done was a complete in nature, means now everything – talent and technology be a part of social giant.
A Facebook spokesperson told the publication:
“People who use Facebook enjoy sharing photos and memories with their friends. Face.com’s technology has helped to provide the best photo experience. This transaction simply brings a world-class team and a long-time technology vendor in house.”
Here is what Face.com said about the deal:
Facebook has acquired Face.com! Our mission is and has always been to find new and exciting ways to make face recognition a fun, engaging part of people’s lives, and incorporate remarkable technology into everyday consumer products. If you’re anything like us, Facebook is a part of your life every single day. We keep up with our friends and family, share interesting (or mundane) experiences from our daily lives, and perhaps most importantly for us, we share a LOT of photos.
We love building products, and like our friends at Facebook, we think that mobile is a critical part of people’s lives as they both create and consume content, and share contentwith their social graph. By working with Facebook directly, and joining their team, we’ll have more opportunities to build amazing products that will be employed by consumers – that’s all we’ve ever wanted to do. 🙂
Now, lots of developers use Face.com technology to power various apps and make wonderful products. We love you guys, and the plan is to continue to support our developer community. If there are new developments you can expect to hear from us here, on the developer blog, and through our developer newsletter.
Thank you to all of our supporters, our amazing dev community, to our employees and to our friends and family who have seen us through many long days and longer nights. The next steps are going to be exciting for all of us.
– Gil and the Face.com team
Update: TechCrunch reports that Facebook acquires Face.com for $55 million to $60 million.