Google acquired news summarisation app Wavii for around $30 million, according to Reuters.
Seattle-based Wavii was also subject to interest from Apple, the publication said, with the iPhone maker looking at the potential to incorporate Wavii’s natural language technology into its Siri voice-activated personal assistant.
The acquisition comes after Yahoo also spent $30 million to acquire Summly, a British-based app that performs a similar function to Wavii.
Both apps aim to improve how consumers access news by condensing articles into a few sentences or words. This functionality is of particular interest to Google and Yahoo who both have popular news sites.
Yahoo launched a new version of its iOS app incorporating technology from Summly a month after the acquisition was announced.
The majority of Wavii’s employees are expected to move to Google’s Mountain View headquarters in California following the acquisition.
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