According to media reports, image search engine Like.com official news website, said Google has completed the acquisition of the company. At present, the specific terms of the deal were not disclosed, but sources said the purchase price or up to 100 million U.S. dollars.
Like.com image search engine by the company founder and CEO Munjal Shah preparation. The official website of the message does not refer to any Google acquisition of the purpose, but hinted that Shah and his team will continue to engage in e-commerce into Google’s image search and cross-matching.
It is reported that Google image search on the company and this relationship is complex. Back in late 2005, Google acquired almost to a company called Riya. The company was founded by the Shah, Shah is also the first attempt to provide consumers with image recognition and image tagging service, consumers can visually see each other through a similar picture for image search. But Google has not reached the end of that acquisition.
Since then, Riya core with its image search technology to reposition the main business area of electronic commerce. In this way, Like.com was born. Since 2006, Like.com nearly 50 million U.S. dollars funding the successful venture capital, to reach 50 million U.S. dollars annual income level.
Some critics say, despite Like.com developed these vertical sites, but the intent is not clear. Over the past few months, the site’s traffic standstill. Those other sites are smaller than Like.com flow of traffic.
The commentators believe that Google may be the intention of this acquisition is to be mini-fashion e-commerce leader in the field.
