Facebook Inc acquires Israeli start-up Face.com

Tuesday, June 19, 2012

California: The social networking giant Facebook Inc has acquired Face.com, an Israeli start-up that specialises in facial-recognition.

This new acquisition will enable the California-based website to provide facial recognition facilities in photos.

Notably, Face.com products already power Facebook's photo tagging suggestions.

Reports suggest that Facebook could have spent anywhere from $80 million to $100 million for the start-up.
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