Facebook has been acquiring a lot of companies over the past couple of months. That includes the photo sharing software platform Instagram which Facebook recently bought for $1 billion. Today, it was revealed that Facebook has bought yet another company with a similar name; Face.com.
Launched in 2007 in Israel, Face.com offers software for both desktop and mobile products that can scan a photo to identify a person or persons in that photo. This kind of software would seem to be a perfect match for Facebook, which lets its users "tag" their friends in their photos; specific financial details about this new acquisition were not revealed.
In a statement on their website, Face.com said:
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 content with 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. :)
The company also said that they will continue to support the software produces that already incorporate Face.coms technology.
Source: Face.com | Image via Face.com