Yahoo Ingests IQ Engines
Add another Yahoo acquisition to the pile. The Internet company has purchased “image intelligence” outfit IQ Engines for an undisclosed price. IQ Engines, which develops image recognition software capable of categorizing pictures based on the people and objects featured in them, is to be rolled into Yahoo’s Flickr team, presumably to help improve the widely used photo services search feature. IQ Engines is the latest in a conga line of acquisitions for Yahoo that so far includes the likes of Tumblr, Xobni, Rockmelt, and Summly.