Apple to buy music-recognition app Shazam<article>
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<p>After rumors started swirling around a few days ago, Apple has <a href="
https://www.buzzfeed.com/daveyalba/yep-apple-is-buying-shazam-the-music-recognition-app?utm_term=.mv48Vl8pmm#.mj2Md1M3QQ" rel="nofollow">confirmed to BuzzFeed News[/url] that it is indeed buying the music-recognition app <a href="
https://itunes.apple.com/us/app/shazam/id284993459?mt=8" rel="nofollow">Shazam[/url]. The acquisition price was not revealed, but is reportedly around $400 million. That’s a far cry from the Shazam valuation of $1 billion the company was claiming in its last round of fundraising (in 2015), but the world of streaming music services has evolved since then.</p><p>Apple spokesman Tom Neumayr made the following statement to BuzzFeed News:</p><p class="jumpTag"><a href="/article/3241729/techology-business/apple-to-buy-music-recognition-app-shazam.html#jump">To read this article in full, please click here[/url]</p></section></article>
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Apple to buy music-recognition app Shazam
