Facebook has officially acquired the facial recognition software maker Face.com. it was previously a rumour that Facebook will acquire Face.com but now it is official after the blog post by Face.com on their official blog.
Facebook will continue to support the developer community of Face.com. Face.com also expressed that their acquisition by Facebook will result in more productive applications. The exact amount involved in the deal is still unknown but it is expected between 80 to 100 million dollar.
Facebook has recently acquired some of the businesses in order to expand their own network. This includes acquisition of Instagram for 1 billion $ and acquisition of two small companies Glancee and Karma for undisclosed amounts and now Face.com.
Face.com is know for giving API access to other developers to their Face recognition software.