It’s official now, Google has acquired Like.com. On Like’s homepage, CEO, Founder Munjal Shah writes that the visual search engine has been bought by Google. While terms of the deal weren’t disclosed, but we’ve heard it’s valued at upwards of $100 million. Shah didn’t give any hints what Google will be doing with Like.com but he alludes to that he (and his team) will continue to work on visual search and cross-matching in e-commerce for the search giant: “We were the first to bring visual search to shopping, the first to build an automated cross-matching system for clothing, and more,” says Shah.
Fast rewind, “Google intended to buy Riya in 2005, but decided to acquire Neven Vision, a company that had a lot of patents on face recognition, photo analysis, visual mobile search. Neven Vision’s acquisition helped Google add face recognition to Picasa, advanced features to Google Image Search and visual search to Android.[…]In 2006, Riya planned to launch a visual search engine with support for object recognition, but the company didn’t find a way to monetize the product, so it focused on product search, which was more lucrative. Now the team can finally build Riya 2.0.”