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  Apple takes over Shazam | heise online | Bit Updates
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Apple takes over Shazam | heise online

Monday, December 11th, 2017 | bitcoin updates

    (Image: dpa / Shazam / heise online)
             The US company takes over the music recognition service founded in 1999, but makes no statement about the purchase price. Shazam should complement the offer of Apple Music.


        Apple takes over the music recognition service Shazam. The iPhone maker confirmed on Monday a report from the weekend, but said no financial details. "We are delighted that Shazam and the talented team are now joining Apple," a spokesman told US media. Shazam is consistently among the most popular iOS apps and an ideal supplement for Apple Music. The acquisition still needs to be approved by the regulators.
With no business model at the end of the week, Tech Crunch had reported on an upcoming acquisition. The companies themselves make no statement about the purchase price, according to various US media, he is said to be around 400 million US dollars (just under 340 million euros). That's far less than the one billion that Shazam had been awarded two years ago – but still a handsome sum for a startup that has not yet been able to develop a viable business model and continues to write losses.
Shazam was founded. The company is developing software that recognizes pieces of music based on a sample a few measures in length. The software matches an acoustic fingerprint of the sample with a separate database. Shazam has been offering this music recognition service since 2002 – initially as a telephone service, and since 2008 as an app for various operating systems. The company has offices in New York, Redwood City, San Diego, Los Angeles, London, Seoul and Sydney and employs over 250 people.
Curious Android App In 2014, the c't found out that Shazam's Android app secretly transmitted the user's exact location information to two ad networks. Shazam also sold a list of apps that were otherwise installed and unique identification numbers such as the user's IP address and Android ID. Although this was disclosed in the "Privacy Policy", but otherwise not made clear.




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