Invest in Israel Newsletter – June 2012 Edition
VC Cafe
JULY 2, 2012
has acquired Israeli face recognition technology developer Face.com for $100 million. The two companies have collaborated for a long time, with Facebook using Face.com’s technology to help users tag the faces of friends in pictures they upload on the social network with Face.com’s Photo Tagger service. FACEBOOK BUYS FACE.COM FOR $100M.
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