After some speculation in the last few days, face.com has officially announced that it has been acquired by Facebook.
Facebook doesn’t seem to have any intention of ending its shopping spree. Remember it hasbought Instagram, and was rumored to be buying Opera Software.
Well, The Zuck is still out buying (expensive) stuff. The latest company he thought was nice enough to be added to Facebook’s portfolio is face.com. Face.com is an Israeli startup that’s building a pretty good face recognition API.
The announcement has already been made on the Face.com blog, and rumors say the transaction price was a mixture of cash and stock, in the region of $60 million.
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