Google buys Wavii for $30 million
Zee Media Bureau
San Francisco: Google Inc has acquired Seattle-based Wavii, a natural language processing startup for over USD 30 million in cash, as per a news wire report.
Earlier Apple Inc had expressed interest in buying Wavii to incorporate the startup's natural language technology into Siri, Apple's voice-activated personal assistant feature, the wire further reported.
Google's purchase comes several weeks after Yahoo Inc paid a similar amount to acquire Summly, the news reader and Wavii competitor founded by 18-year-old Nick D'Aloisio in London.
Most of the startup's employees are expected to relocate to Google's headquarters in Mountain View, California.