While Facebook’s stock price continues to drop, the number of acquisitions is steadily increasing.  From Instagram to Karma, Facebook has been busy the last few months, and according to TheNextWeb, rumors have been swirling that another acquisition could be underway.

Face.com, a facial recognition tool, is the alleged acquisition target.  Deeming itself “The world’s largest and most accurate face recognition platform,” Face.com works seamlessly to tag users’ friends on Facebook and has a mobile app entitled KLICK, and a Facebook app, Photo Tagger.

Tech blog, Newsgeek, reported that the acquisition total was between $80-100 million.  This acquisition has been speculated on since January of this year, but has not yet been officially confirmed.

For more information see TheNextWeb.

Related Topics: Channel: Industry | Facebook | Facebook: Acquisitions

About The Author: Greg Finn is the Director of Marketing for Cypress North, a company that specializes in social media and search marketing services and web-based application development. He has been in the Internet marketing industry for 6+ years and specializes in Social Media Marketing. You can also find Greg on Twitter (@gregfinn) or LinkedIn. See more articles by Greg Finn

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