Yahoo! Acquires Image Recognition Company

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Yahoo! has made its 25th acquisition under the reign of CEO Marissa Mayer. Its new asset is LookFlow, an image-recognition specialist, according to a post on the acquired company's home page. The terms of the deal were not disclosed.

LookFlow's team and products are to be folded into Flickr, Yahoo!'s image-sharing service. In the post, LookFlow wrote, "Keep an eye out for our product in future versions of Flickr -- with many more wonderful photos and all that Flickr awesomeness!"

Since Mayer took the CEO's chair, Yahoo! has been on an acquisition spree, snapping up early-stage tech companies in an effort to expand its slate of offerings. In its most recently reported quarter, the firm spent $163 million on such purchases.

The article Yahoo! Acquires Image Recognition Company originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in Yahoo! The Motley Fool recommends Yahoo! Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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