It’s Official: Apple Buying Shazam
It’s Official: Apple Buying Shazam.The music market is growing and streaming services are becoming more and more important. It is normal for the companies to want to be present in this area. Hence, according to the latest news, the tech giant Apple is finally buying the well-known song recognizing application, Shazam for $400 million.
‘Shazam’ is an application which can identify movies, music and television shows, on the basis of a sample played and using the microphone on the device. The deal between two parties is about to come to consummation and has until the date for its official announcement.
Do not know which song you are playing? By using Shazam, it is possible to know in a simple and contiguous way the name of the song and other information of the songs. This service of recognition of music makes Shazam simply outstanding and even it has no competition to match.
After rumours that the tech giant Apple was interested in purchasing Shazam, the confirmation came on Monday by the Cupertino company that the apple buying shazam. The purchase of this service will cost Apple 400 million dollars.
The music recognition service currently has more than 100 million monthly users, although revenues are not very high.
“We are excited that Shazam and its talented team will be joining Apple. Since the launch of the App in App Store, Shazam has consistently ranked one of the most popular applications for iOS. It is used by millions of people around the world, on both Android and Ios platform. Shazam and Apple Music fit perfectly with each other, we focus on sharing a passion for music discovery and delivering great music experiences to our users. We have exciting plans in store, and we look forward to combining with Shazam upon approval of today’s agreement”.
What does Apple want Shazam to do?
Despite all the interest coming from Apple representatives, it is still unclear what plans for this tool within the tech giant Apple’s ecosystem. At the truth is that this service is already somehow integrated into the Apple platform, with Siri the most notorious. Some news is also reporting that the use of Shazam in the area of augmented reality, where this service already has some work done.
Read more about Laibox cam-action camera
Author: Sujan Shrestha
I am a Tech lover and blogger currently studying IT. I love to read and write tech blogs.