Israeli facial recognition firm RealFace bought out by Apple
RealFace was established as a startup in 2014, and has developed a type of “revolutionary software” that offers users a smart biometric log-in method on mobile. On Sunday, The Times of Israel reported about these proceedings, estimating that the deal was worth “a couple of million dollars”.
Apple appears to be actively on the lookout for promising Israeli tech companies, as this is Cupertino's fourth obtainment of this kind. In 2011, Tim Cook & Co. bought out flash memory manufacturer Anobit for around $400 million, followed by acquisitions of 3D sensor company PrimeSense in 2013, and camera tech firm LinX in 2015.
via MacRumors
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