After about a month of speculation, Facebook has finally announced its acquisition of Israeli facial recognition technology We've heard from multiple sources that the acquisition price was $100m, with others reporting that the price was between $80m-$100m. This is absolutely not an acqui-hire, as Facebook will be taking full advantage of the company's technology and the advancements it's made on mobile -- perhaps to finally include mobile tagging options for photos.

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  • macy holley (@jbug47) | Twitter
    ... "Facebook Scoops Up ... Facebook Scoops Up http:// For $55-60M ... up-face-com-for-100m-to-bolster-its-facial-recognition ...
    10/16/2016 - 4:15 pm | View Website
    ... allowing third party developers to integrate the facial recognition technology, ... Brings Facial Recognition To Facebook Photos ...
    10/16/2016 - 9:05 am | View Website
  • PromoteUsNow | Facebook
    If you don't have a Facebook account, you can create one to see more of this Page. ... See more of PromoteUsNow by logging into Facebook. Message this Page, ...
    10/14/2016 - 1:08 am | View Website
    TechCrunch - Facebook Scoops Up For $55-60M To Bolster Its Facial Recognition ... - Facebook Scoops Up ... - Facebook's $100M purchase of ...
    10/11/2016 - 12:03 pm | View Website
  • Learn and talk about, Companies established in ...
    ^ "Facebook Scoops Up For $55-60M To Bolster Its Facial Recognition Tech". ...
    09/22/2016 - 9:34 am | View Website
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