Apple "buys Israeli AI-based face recognition startup"

PanARMENIAN.Net - Apple Inc. has acquired Israel’s Realface, a cybertechnology startup whose facial recognition technology can be used to authenticate users. This is Apple’s fourth acquisition in Israel, The Times of Israel reports citing the financial website Calcalist, and the deal is estimated to be worth a couple of million of dollars.

Realface, set up in 2014 by Adi Eckhouse Barzilai and Aviv Mader, has developed a facial recognition software that offers users a smart biometric login, aiming to make passwords redundant when accessing mobile devices or PCs.

According to Startup Nation Central, a database for Israeli tech companies, the Tel Aviv-based firm had raised $1 million prior to the acquisition and employs up to 10 people. An email sent to the company requesting comment was not immediately replied. The company has sales in China, Israel, Europe, and the US, according to the data firm.

RealFace’s first product, the Pickeez app, created a new way to enjoy photos, with its recognition software automatically choosing the user’s best photos from every platform they’re on.

Besides RealFace, Apple has acquired three other Israeli companies to date. In 2011 it bought flash memory maker Anobit for a reported $400 million. In November 2013 it acquired 3D sensor company PrimeSense for a reported $345 million, and in 2015 it bought LinX for an estimated 20 million.