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Facebook buys for $100 million

news article released on:

Facebook has announced its acquisition of is an Israeli-based facial recognition technology company, and will likely be quickly integrated into the social networking giant. The companies did not disclose the final price of the deal, but nearly all sources place the acquisition price at $100 million. It is unclear how Facebook will use the service, but most speculate ...

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prob because it had "face" in the name :P
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Wasn't the 'book' losing its ass not that long ago? Kind of a bold move to start scarfing up some more companies... Although, nice to know they can now start working with foreign governments & law enforcement without any of our consent to start searching for "suspects".

You know, for traffic violations & parking tickets.

Luckily they paid cash instead of offering worthless stock! ;-)
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