As Face.com has officially posted this news on their blog. As said by the main team member Gil on Face.com that they try to find new ways to take their facial recognition to a new level and tying their knot with the second largest internet company Facebook.com they have committed a safe developing future for their technology.
We love building products, and like our friends at Facebook, we think that mobile is a critical part of people’s lives as they both create and consume content, and share content with their social graph. By working with Facebook directly, and joining their team, we’ll have more opportunities to build amazing products that will be employed by consumers – that’s all we’ve ever wanted to do. :)
Still there is no proper news about the price Facebook paid for the purchasing this online service but rumors from big company’s claim that amount of $100 Million might be the price. So after a big purchase for "Instagram" for $1 Billion Facebook has successfully completed another awesome purchase which might make its mobile photo tagging + more stuff much more fun and easy to use.
[Source - theverge]
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