Apple Confirm Shazam Deal

Apple have confirmed its plan to purchase Shazam.

Specifics of the deal were not disclosed, though it is believed that the figure being discussed is around $400 million, which was speculated over the weekend.

The company said;

“We are thrilled that Shazam and its talented team will be joining Apple. Since the launch of the App Store, Shazam has consistently ranked as one of the most popular apps for iOS. Today, it’s used by hundreds of millions of people around the world, across multiple platforms.”

Shazam also commented on the deal, confirming that it had “entered into an agreement to become part of Apple” and that “they can’t imagine a better home for Shazam to enable us to continue innovating and delivering magic for our users.”

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