Apple (@apple) acquires leading song recognition app 'Shazam' for $400M

Apple will buy leading song recognition app Shazam, the companies said Monday, in a fresh bid by the tech giant to gain an edge in online music.

Apple (@apple) acquires leading song recognition app 'Shazam' for $400M

“Apple Music and Shazam are a natural fit, sharing a passion for music discovery and delivering great music experiences to our users,” Apple said in a statement without disclosing financial terms.

According to Recode, the deal is worth $400 million.

The purchase is Apple’s biggest acquisition since it bought rapper Dr Dre’s headphones company Beats Electronics for $3bn in 2014, according to the guardian.

AFP/TheVerge/Recode
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