By ONE Liners AgencyJune 18, 2012
It's an awesome news for Face.com as well as Facebook. The face recognition platform Face.com has now been acquired by social networking giant Facebook.
The masthead on the home page of Face.com reads, "Facebook has acquired Face.com!", thus making the announcement to be official which was rumored earlier that the two giant is in talks regarding acquisition.
The sum at which Facebook has acquired Face.com remains undisclosed by either sites. Also, terms of the deal remains a secret so far. Face.com only says now they can get "more opportunities" to build products. The company also said the social giant will keep the support going to Face.com's developer community.
The rumor related to Facebook interested in acquiring Face.com cropped up last month suggesting the two companies are in talks. Israel-based business publication Calcalist however mentioned in one report that the acquisition amount may be between $80 million and $100 million.
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