Facebook snaps up facial recognition startup

Facebook has purchased facial recognition startup Face.com, the companies announced.

“People who use Facebook enjoy sharing photos and memories with their friends, and Face.com’s technology has helped to provide the best photo experience,” a Facebook spokesperson said. “This transaction simply brings a world-class team and a long-time technology vendor in-house.”

Terms of the deal were not disclosed, but previous reports pegged the acquisition price at between $80m (€63m) and $100m. The deal, which is still pending, is expected to close within the coming weeks.