Facebook Looking To Acquire Facial Recognition Tech Company Face.com
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Facebook Looking to Acquire Facial Recognition Tech Company Face.com

(Image: File)
(Image: File)

What is Facebook not doing these days?

In case you need a brief reminder, the social networking powerhouse started the year off strong, purchasing popular photo-sharing application Instagram, launching its own iOS app called Facebook Camera last week and going public with one of the highest IPOs in U.S. history.

Facebook might be interested in acquiring facial recognition technology company Face.com, according to recent reports. The company would pay anywhere between $80 million to $100 million for the Israeli startup. The purchase is basically “a done deal,” according to TechCrunch.

The startup developed popular Facebook app Face Tagger and an iOS app called KLIK. In addition, the company offers a public API.

When asked about the startup’s connection to Facebook, CEO Gil Hirsch said the tech company had no news to share.