Apple Inc. (NASDAQ:AAPL) confirmed announce its buying Shazam, the popular music recognition app. The initial request for Apple Acquires Shazam. The European Union approved Apple's planned acquisition of British music discovery app Shazam on Thursday, saying an EU antitrust investigation showed it would not Shazam was a true game-changer as Apples purchase of Shazam is the latest acquisition for the worlds largest tech company. The company bought it for $3 billion. Apple recently confirmed that it is acquiring Shazam, the app that allows users to identify songs, movies, TV shows, and commercials using short audio clippings. Prior to the deal, Shazam was profitable and was used 20 million times a day around the world. Apple's Shazam deal has EU regulators worried about competition. Brussels is to investigate Apples purchase of Shazam, after seven countries requested that the European watchdog consider the iPhone makers $400m bid to buy the music-recognition app. Apple, which generated US$ 53.3 billion in revenues in the third quarter of 2018, a year-on-year increase of 17 percent, has bought Shazam for US$ 400 million. While Apple already uses Shazams music identification capabilities with its Siri voice assistant, its possible that the company could integrate Shazam more deeply and seamlessly with its products and services. Terms of the deal have not been disclosed, but a report The companys first move will be to rid the music service, which is used Shazam, now a part of Apple. The acquisition makes perfect sense when you consider Shazams talents, and Apples focus on where to take technology next. The app has hundreds of millions of users and had passed 1 billion downloads back in September 2016, but it had never managed to turn a profit. In September 2017, Shazam reportedly made 40.3 million ($54 million) in revenues in its 2016 fiscal year, which was a turnaround from the declines between FY 2014 and 2015. After we broke the story last week that Apple was acquiring London-based music and image recognition service Shazam, Apple confirmed the news today. If Apple decides to shut down the app, it would also take away referrals to Spotify, which together with Apple Music gets 1 million clicks per day from Shazam. Apple bought Shazam for around $400 million. About Transformation Beats. Apple formally announced that it has completed its acquisition of Shazam, the song-identifying app that has become so synonymous with identifying songs that it has scar Gutirrez/CNET. The acquisition could also benefit Apple with Shazams increasing push into augmented reality (or AR) technology. Apple bought Shazam for around $400 million. The company made its first acquisition on March 2, 1988, with its purchase of Network Innovations. Financial details of the acquisition werent disclosed by Apple, but the purchase price is reportedly around $400 million. The deal was first reported by TechCrunch last week and is worth $400 million, according to Recode. The most recent Acquisition by Apple is Shazam in December, 2017. Shazam adds 120 million active users to Apple Music's database. Apple on Monday confirmed the acquisition of London-based music discovery app Shazam in a sale reported to be in the ballpark of $400 million. Apples largest acquisition was Beats Electronics in the year 2014. The European Commission has cleared Apples proposal to buy Shazam through a $400 million acquisition, announced the commission in a press release.. But it was not until September of the following year that EU authorities cleared the way for US tech giant Apple to acquire Shazam Entertainment Ltd., the London-based service Shazam lets On 6 September 2018, the European Commission ("Commission") unconditionally cleared Apple's acquisition of Shazam after a Phase 2 review, concluding that the transaction More precisely, the reason for such a low acquisition price is the low potential of Shazam for long-term development and the sheer numbers of only $54 million in revenues in 2016. In a statement, Apple declined Why Apple just spent up to $400 million on song-identification app Shazam Apple is acquiring the popular song-identification app Shazam. Shazam adds 120 million active users to Apple Music's database. Also, Apples acquisition of Shazam could help them gain ground in the streaming wars closing that 23 million user gap between Apple Music and Spotify. Apple has acquired Shazam, the company announced today. Apple's business philosophy is to acquire small companies that can be easily integrated into existing company projects. Its getting closer to 50m paying music subscribers worldwide, but remains approximately 39m behind Spotifys premium global user A tie-up between Apple and UPDATE: On September 24, Apple announced its complete acquisition of Shazam. Apple completed its acquisition of Shazam just a few weeks after European regulators approved of the merger. - Oct. 9th 2019 3:17 pm PT @ChanceHMiller Apple closed its acquisition of Shazam towards the end of 2018, but it was still early to have an impact on Shazams Last year, we broke the news that Apple was buying the music recognition startup and app Shazam for about $400 million, and nearly [6] For instance, Apple acquired Emagic and its professional music software, Logic Pro, in 2002. prev. Updated Dec. 11, 2017 2:22 pm ET. It is already known It was nearly a year ago that Apple announced its plans to buy the popular music-identification Apple. Article dtaill : Shazam (service). Apples purchase of Shazam might not be as splashy (or as expensive) as its $3.2 billion Beats buy, but it means much more to the iPhone. Apple has confirmed its acquisition of Shazam is now complete, nine months after it was first announced. Techcrunch was first to report about the acquisition According to Apple, its rise in sales is also due to its services, which are strengthened by the acquisition. It also allows users to buy music Nearly one year after Apple announced its acquisition of music recognition service Shazam, and one month since the acquisition was completed, Shazam has now begun It is purchasing the Currently, it is available only in the United States, with 6.7 million American cardholders in early 2022. Apple makes a lot of acquisitions, Cupertino, California Apple today announced it has completed its acquisition of Shazam, one of the worlds most popular and highly-rated music apps, used by hundreds of millions of people worldwide. Apple Inc is in talks to acquire Shazam Entertainment Ltd, whose software helps users identify songs by pointing their phone at an audio source, according to a European Union antitrust authorities opened a full probe into Apples proposed acquisition of the popular song-recognition app Shazam on concerns it could reduce choice for Apple's $3 billion purchase of music streaming and headphone maker Beats Electronics in 2014 still clocks in as its priciest acquisition. Apple p l] [13] Acquisition de socits. Apple acquires Shazam, offering more ways to discover and enjoy music. Cupertino, California Apple today announced it has completed its acquisition of Shazam, one of the worlds most popular and highly-rated music apps, used by hundreds of millions of people worldwide. Apple and Shazam have a long history together. Apple announced today that it has bought something: Shazam, the music and image recognition service. The acquisition of Shazam is expected to help Apple Music improve the experience of users and let users play songs on its platform. Apple Inc. said it has acquired Shazam Entertainment Ltd., giving it ownership of one of the popular song-recognition apps at a time Logo de Shazam. By Janko Roettgers Courtesy of Shazam Apple now officially owns Shazam : The Cupertino computer maker announced Monday that its acquisition of Shazam has closed, and Key Points. As a result, Apple is going to welcome a company of that EV in its financial statements in exchange for just $400 million. Find out all the public Apple acquisitions below: Apple is acquiring the popular song-identification app Shazam. The news was first reported by TechCrunch . European regulators have given the green light to Apples December 2017 acquisition of music and image recognition discovery firm Shazam. Shazam will soon be in Apple's hands. Last week, TechCrunch reported Apple was close to buying Shazam for an amount in the hundreds of millions; one unnamed person pegged the purchase price at about 300 Apple is in a music-streaming arms race. Shazam is a crucial addition for Apple to compete with First launched in 2002, Shazam has grown significantly over the last several years. As of March 2018, around 10.6 million monthly users Apple closed its acquisition of Shazam towards the end of 2018, but it was still early to have an impact on Shazams financials. The numbers being thrown around would make this the largest Apple There have been conflicting theories about why Apple spent a rumored $400M on acquiring Shazam.Some suggested it was nothing more than protecting Siris Shazam-powered Apple's Acquisition Of Shazam Is A Valuable Addition. The European Commission will examine whether the tech giant's proposed acquisition may have adverse Apple's largest acquisition was that Shazam is sure selling for a bargain price! The iPhone Apple recently confirmed that it is acquiring Shazam, the app that allows users to identify songs, movies, TV At its heart, Shazam has experience and Article dtaill : Shazam. Apple AAPL recently completed the acquisition of UK-based Shazam Entertainment, after receiving approval from the European Union (EU) on Sep 7. Apple Card is a credit card created by Apple Inc. and issued by Goldman Sachs, designed primarily to be used with Apple Pay on Apple devices such as an iPhone, iPad, Apple Watch, or Mac. Apple has acquired Shazam, the company announced today. One of the most recent and commonly spoken of transactions is Apples acquisition of Shazam which is about to be completed in the next months. Apple announced it was buying the company in December, but had to wait on EU approval which launched an anticompetitive investigation to decide whether Apples purchase would lock out competition and unfairly elevate Apple Music. Apple could reportedly be close to making another high-profile acquisition with the popular music recognition service Shazam. This article is more than 4 years old. The European Commission has cleared Apples proposal to buy Shazam through a $400 million acquisition, announced the commission in a press release.. In 2013, Apple acquired thirteen companies. Shazam App Will Soon Become Ad-Free For All Users. Cupertino, California Apple today announced it has completed its acquisition of Shazam, one of the worlds most Apple and Shazam have a long history together. https://www.dailydot.com debug apple-shazam-acquisition Prior to the deal, Shazam was We are thrilled that Shazam and its talented team will be joining Apple, the company said in a statement sent Dec. 11, 2017 9:52 a.m. PT. Shazam est une application qui permet d'identifier peu prs n'importe quel titre de musique en le faisant couter l'application via le micro du smartphone. The EU has approved Apples acquisition of Shazam (via Reuters), the music recognition and discovery service. The sky is officially the home. Its official: Apple is buying the music recognition service Shazam. The deal was first reported by TechCrunch last week and is worth $400 million, according to Recode. Shazam App Will Soon Become Ad-Free For All Users. 49 of the 90 companies, acquired by Apple, are based in the United States.