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Facebook Rumored to be Snapping Up Face.com for Up to $100 Million

by Sean P. Aune | May 28, 2012May 28, 2012 4:30 pm PST

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It definitely seems like Mark Zuckerberg and Facebook are on a buying spree as of late, and the latest acquisition target may be Face.com.

Israeli start-up Face.com has been a popular rumored acquisition target of Facebook for some time, but nothing has ever come of it publicly. Now those rumors are heating up again thanks to a report from Israel news source Calcalist (in Hebrew) that says the two companies are once again in talks with a price being discussed between $80 to $100 million.  Calcalist has a decent track record when it comes to surprising purchases out of Israel as it was the first publication to break last year that Apple was buying memory specialist Anobit.

TheNextWeb reached out to Face.com CEO Gil Hirsch for comment, and he replied that he had “nothing new to share,” which doesn’t really tell you anything one way or another.

It seems like the new past time at Facebook is buying things.  First the company purchased Instagram, then rumors came out that it may be buying Opera and finally stories are popping up that it is hiring developers for a smartphone.  Could the Facebook phone be pieced together as we discuss this from all the various parts?  Only time will tell.

[via TheNextWeb]


Sean P. Aune

Sean P. Aune has been a professional technology blogger since July 2007, but his love of tech dates back to at least 1976 when his parents bought...

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