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Yahoo Buys Image Recognition Startup IQ Engines

Deepanker Verma August 25, 2013 Internet

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Yahoo has announced another acquisition under Marissa Mayer’s lead. This time company has acquired image recognition startup IQ Engines. After this deal, IQ Engines has closed its sign-ups and will shut down its API in next 30 days.

Terms of deal was not disclosed by any of companies. But IQ Engines has confirmed in a statement on its website that they are joining Flickr. Team of IQ Engines will join Flickr to improves it photo organization and search.

“We are thrilled to announce that IQ Engines is joining the Flickr team at Yahoo!. As longtime Flickr fans and fellow photography enthusiasts, we look forward to working on improving photo organization and search for the community,” IQ Engines posted on its website.

IQ Engine develops image recognition software that is capable of categorizing pictures based on the people, landmark, text and objects in the picture.

In past few months, Yahoo has bought several startups and established companies including Tumblr, GoPollGo, Sumly, Astrid, Xobni, Rockmelt and many others.

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About the Author: Deepanker Verma

Deepanker Verma is the Founder and Editor-in-Chief of TechloMedia. He holds Engineering degree in Computer Science and has over 15 years of experience in the technology sector. Deepanker bridges the gap between complex engineering and consumer electronics. He is also a a known Security Researcher acknowledged by global giants including Apple, Microsoft, and eBay. He uses his technical background to rigorously test gadgets, focusing on performance, security, and long-term value.