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Google buys Wavii for $30 million, mirroring Yahoo's deal

Google has acquired about $ 30 million in cash, Wavii, a person behind the news aggregator application starts, the Seattle-based knowledge of the matter said on Tuesday.
Successful bid came to Google, Apple had expressed the Wavii interested in buying into the Apple's voice-activated personal assistant feature Siri, said the person, who declined to be named because the transaction is not publicly announced the start of natural language technology.
Google and Wavii declined to comment.
Google acquired a few weeks later, the Yahoo acquisition to pay a similar amount Summly, 18-year-old Nick D 'news reader Alois Theo was founded in London and the Wavii competitors.
Transactions out to play two small companies seeking to enhance the consumer experience news - a major concern, Google and Yahoo, while maintaining the highly trafficked news site.
In a separate interview, last year Wavii founder Adrian Aoun and de Loewe Theo recognize the competition between the two start-up companies.
'Aloi Theo touted the Summly superior user interface, it condenses article is divided into a few easy-to-read paragraphs. Orne played his application technologies, including proprietary algorithm, the sophisticated news of the sentence comes down to just a few words.
Wavii investors including PayPal co-founder Max Levin Amazing Grace (Max Levchin), former Facebook executive Dave Morin, Microsoft, former dealmakers Fritz Lanman
Most of the start-up company's employees are expected to relocate to Google's headquarters in Mountain View, California.
The news was first reported by TechCrunch acquisition.
 



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