Google acquires Wavii (natural news processing)

Companies in Relationship

Google, Wavii

Deal Facts

Initial Announcement Date: 4/13

Consideration: $30M + (Source: TechCrunch)

Google acquires Wavii, a natural language technology developer, generating social content in real-time from natural news processing.

Strategic Implications

Wavii's app was available for Apple iOS. Although news aggregation is certainly not a new concept, most aggregation services is largely done by humans. Machine aggregation can potentially pull from a wider range of sources and process information more rapidly.

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