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Google's acquisition of Wavii official, iOS app is dead

Posted: , by Michael H.


Google's acquisition of Wavii official, iOS app is dead
Earlier this week, word came out that Google had outbid Apple for the right to purchase Wavii, a natural language startup. According to the report, Google had agreed to pay somewhere "north of $30 million" for the company including its language technology and 25-person staff. Today, Wavii has announced that the deal is real, and that its service is shutting down, which should include the iOS app.

In the original report of the acquisition, it was said that while Wavii's natural language technology would likely be folded into Google's voice recognition software, the 25-person team would be allocated to Google's Knowledge Graph division, working on improving semantic search. But, today's announcement by Wavii CEO Adrian Aoun made it sound like it could be the other way around:
You probably know us best for our app that takes the deluge of information streaming across the web and condenses it into fast, fun updates. While we won't continue to offer this particular service, we'll be using our natural language research at Google in ways that may be useful to millions of people around the world.
Still, it is pretty clear that Wavii is going to shut down its current services and move everything into Google, and as proof of that the Wavii app for iOS has already been removed from the App Store.

source: Wavii via TechCrunch

  • Options

posted on 26 Apr 2013, 13:43 4

1. PhoneCritic (Posts: 423; Member since: 05 Oct 2011)

Now that was quick. Well I guess Apple can find another start up company that is working on voice recognition technology that can improve Siri. They have alot of cash to throw around too!

posted on 26 Apr 2013, 13:51 3

3. Luuthian (Posts: 222; Member since: 09 Sep 2011)

Which is exactly why I'm certain Apple felt as if they didn't need them. Both companies have billions in reserves, so to pay $30 million for a company is nothing. If Apple really wanted them they could have upped the pressure.

posted on 26 Apr 2013, 15:14

8. TheMan (Posts: 430; Member since: 21 Sep 2012)

Even though $30 million or so is petty cash for these bidders, its the last option as the acquiring firm tries to pay as much as possible in shares of its stock. Both Apple and Google have high value shares. It would be interesting to see the terms and conditions of the deal.

posted on 26 Apr 2013, 15:25 4

9. HDShatter (Posts: 1021; Member since: 17 Jan 2013)

Apple won't be worth much in a few years.

posted on 26 Apr 2013, 16:53 2

12. moronman66 (Posts: 160; Member since: 09 Jan 2012)

Maybe not as much, but still a decent amount, I can't see iPods going down in sales anytime soon

posted on 26 Apr 2013, 22:03

14. vincelongman (Posts: 2232; Member since: 10 Feb 2013)

Depends, I could see the Nano dead, but the Shuffle will still be popular with sporty people and the Classic probably still popular with people with lots and lots of music.
I think Apple needs a cheap iPhone because most people probably dont want to carry both a phone and iPod, so they would want a decent smartphone, for example a low/mid range Android/W8 or cheap/older iPhone.

posted on 26 Apr 2013, 13:44 11

2. InspectorGadget80 (Posts: 6950; Member since: 26 Mar 2011)

Looks like appple is loosing their touch

posted on 26 Apr 2013, 15:13 2

7. TheMan (Posts: 430; Member since: 21 Sep 2012)

Not losing its touch...more like not willing to overpay. A firm can buy, build, or rent a capability. At first Nuance leased its voice technology to Siri and Voice Commands. Google or Apple could try a homegrown solution, but that doesn't make sense given the specialized nature of the function. There are other startups in this space so why get into a bidding war?

posted on 26 Apr 2013, 14:30 5

4. UrbanPhantom (Posts: 949; Member since: 30 Oct 2012)

Huge companies eating up smaller ones, and people wonder why there is a lack of genuine competition...

posted on 26 Apr 2013, 15:01 5

6. MorePhonesThanNeeded (Posts: 645; Member since: 23 Oct 2011)

It's either that or just die...not enough room left for tiny upstarts considering the sheer number of patents out there, they'd need to be financially loaded to pay for licensing.

posted on 26 Apr 2013, 16:03 2

10. dsDoan (Posts: 224; Member since: 28 Dec 2011)

Many startups begin with the intention of being acquired.

posted on 26 Apr 2013, 16:14

11. Aeires (unregistered)

Why do four gas stations, all on opposite corners of a four way intersection all have the same prices? It's big corporations calling the shots.

posted on 26 Apr 2013, 14:37 2

5. SirTrollAlot (banned) (Posts: 7; Member since: 24 Apr 2013)

*points and laughs*

posted on 26 Apr 2013, 20:58

13. Dingy_cellar_dweller (Posts: 205; Member since: 16 Mar 2013)

Apple didn't up their bid because they knew that they would get the the Google App for free. If Apple had bought the company no else would get access to the tec.

What makes Apple iPhone great are all the Google Apps.

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