Yahoo Acquires IQ Engines an Image-Recognition Startup
IQ Engines officially announce on their website that “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 is specialized in helping tag and organize photos. Simply we can say that the technic is used as an image recognition platform that help to what about the image, tag concept to find a person in an image, object, landmark etc. TechCrunch reports that “IQ Engines first made a splash back in 2010 when it snapped up $1 million in funding for crafting an API that would allow its customers (think online retailers and app developers) to provide a visual search engine of sorts that could automatically categorize images on the fly. It later appeared at that year’s DEMO Conference, where our own Alexia Tsotsis picked it as one of the show’s most impressive startups.”
Yahoo or IQ Engines didn’t stated about the terms of the deal, but the situation and the statement of IQ Engines show that the team will be join to Yahoo’s photo sharing service Flickr.