Google Buys Wavii For North Of $30 Million

Google has finally closed the deal on Wavii, a natural language processing startup, for a price that is more than $30 million, we're hearing from a legitimate source. Both Apple and Google were competing for the Seattle-based startup, and Google eventually won. Apple wanted the company, which developed its own aggregation technology and natural summarization algorithms, for its Siri division. The 25-person-strong team including founder Adrian Aoun will be moving down from Seattle to join Google's Knowledge Graph division.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/w4gtkjohp7U/

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