Just like that, Shazam is now part of the Apple family! Rumors were churning yesterday that the deal was going down, and now it has been confirmed. Apple released a statement saying they’ve acquired the music detection service.
I wish Shazam was still a super hero!
According to sources close to the purchase Shazam was acquired for $300 million, a far cry from the $1 billion valuation obtained in 2015. It is unknown why Shazam decided to sell to Apply, however Apple has a huge hunger for any company with AI expertise. Continue reading “Apple buys Shazam for $300 Million!”