Comment on It's official: Apple is buying Shazam (AAPL)

It's official: Apple is buying Shazam (AAPL)

Reuters Apple has bought Shazam, one of the early hit iPhone apps. The Shazam app allows users to identify the music that's playing nearby, such as a song in a restaurant or cafe. It also had augmented reality technology and an advertising business. No price was included in the announcement, but a source tells Business Insider it was around $400 million. Apple has bought Shazam, the popular music-recognition app and augmented-reality service. Shazam and Apple both confirmed the purchase on Monday morning.

 

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