According to the deal is estimated for $100 million. The technology being eyed up by Google is visual search. In 2005 Google made an attempt to acquire Like.com’s predecessor, Riya.com. Like.com uses core technology that was developed by Riya, which was focused on facial recognition.
Like.com was co-founded by Munjal Shah together with Burak Gokturk in August 2004. Like.com has been named as one of the best startup companies by many. The image-matching technology company was formerly known as Riya. Since the company has some very important patents, Google is expected to gain both economically and legally by acquiring it.
The U.S. based Like.com has shown interest in developing visual search technology. Google provides a similar feature on its own search engine and in December launched a visual search application for mobile phones.
In April, Google has acquired U.K. based startup Plink, which develops mobile visual search applications, for an undisclosed sum.