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Face.com has long been rumored to be an acquisition target for Facebook, even way before there was talk about the social networking company going public.
Negotiations between the two companies have been held a number of times over the years, but Face.com has so far rebuffed offers because of the ‘low’ price Facebook was willing to pay.
Founded in 2007, Face.com offers accurate facial recognition software that could help Facebook users identify people in photos faster, both on desktop and mobile.
Tech news blog Newsgeek, meanwhile, reports that the deal size could be between $80 million and $100 million.[FONT=Segoe UI, Proxima Nova, Helvetica Neue, Helvetica, Arial, sans-serif]
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Facebook Rumored To Buy Face.com For Up To $100 Million
Negotiations between the two companies have been held a number of times over the years, but Face.com has so far rebuffed offers because of the ‘low’ price Facebook was willing to pay.
Founded in 2007, Face.com offers accurate facial recognition software that could help Facebook users identify people in photos faster, both on desktop and mobile.
Tech news blog Newsgeek, meanwhile, reports that the deal size could be between $80 million and $100 million.[FONT=Segoe UI, Proxima Nova, Helvetica Neue, Helvetica, Arial, sans-serif]
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Facebook Rumored To Buy Face.com For Up To $100 Million