It’s no secret that the social media giant Facebook keeps acquiring new companies from time to time. Some notable acquisitions by the company include WhatsApp, Instagram and Oculus VR. However, Facebook also frequently invests in startups and smaller companies and the London-based computer vision startup Scape Technologies is it’s latest acquisition. The startup was founded in 2017 and it offers a “Visual Positioning Service” that runs on computer vision to enable developers build apps that require superior location accuracy.
A regulatory filing spotted by TechCrunch’s Steve O’Hear suggests that Scrape technologies has been acquired by Facebook. While Facebook has not released a comment on its latest acquisition, a spokesperson from the company told TechCrunch, “We acquire smaller tech companies from time to time. We don’t always discuss our plans.” Additionally, a Companies House update reveals that Facebook Inc. now owns a majority stake in the company (over 75 percent).