Is Google acquiring Like.com for more than $100 million?

TechCrunch is reporting that Like.com is in the 'final stages' of a deal that would see the site and its technology become part of Google; the deal is said to be costing Google 'upwards' of $100 million. However, this deal is for the website and its tech only, not the company as a whole.

This site is part of the company that Google was in talks with back in 2005, though this deal never came to the light of day, it seems that this one will. Riya was the name of the company at the time and was a specialist in facial recognition software.

The overall project that was called 'Riya' was shut down last year, but the facial recognition software is still being used today for Like.com. The technology enables users to search for images using other images, and because of this, Like.com has some interesting features that Google currently doesn't have. 

This new image search technology may be used for an Android style update or it could be for the rumored social media network that Google is supposedly making. Or, Google may just be gathering Like.com to further strengthen its search engine dominance by allowing people to search for similar images. None of this is for confirmed at this stage, and only time will tell if this deal is even really happening.

Report a problem with article
Previous Story

Microsoft celebrates Internet Explorer's 15th birthday

Next Story

Neowin's IE 9 mock ups

12 Comments

Commenting is disabled on this article.

Every time I hear the words "Google is acquireing XXX for YYY dollars" I always see the word "Enron" instead - Does anyone besides me think Google is trying to grow to much to fast?

Tartan said,
Amounts like that are done electronically usually via bank transfer. No cash or cards are used.

Dear Google, buy me! My bank account number is ...

Brian said,
I can't even fathom knowing what $100m looks like

The most amount of money I have held was 12 grand, was changing a till over at mcdonalds and there was a lot of money in that draw lol now times that by like 10000 and that's how much money that is, pretty crazy isn't it.

Brian said,
I can't even fathom knowing what $100m looks like

I don't think google will pay that in cash since it's too much money. They have to have a least 3 or 4 briefcases full of 20s... and carrying that around is DANGEROUS. They'll probably just charge it to a credit card, everything is done via credit card these days.

Quite possible that they have a huge overdraft limit. Remember when working at the races people coming in with cards that had a £75,000 check garentee on them.

no-sweat said,

I don't think google will pay that in cash since it's too much money. They have to have a least 3 or 4 briefcases full of 20s... and carrying that around is DANGEROUS. They'll probably just charge it to a credit card, everything is done via credit card these days.

+1