Wavii confirms its takeover by Google
The startup's Web site now carries just a single message on a single page, headlined: "We're excited to announce that Wavii has teamed up with Google!"
Startup Wavii, which focused on providing personalized news, is now confirming that it has been absorbed into Google.
Wavii's Web site now carries just a single message on a single page, headlined: "We're excited to announce that Wavii has teamed up with Google!" In addition, the Wavii logo now appears in the colors of Google's own logo.
Adrian Aoun, CEO of Wavii, offered a brief message about the transition:
You probably know us best for our app that takes the deluge of information streaming across the web and condenses it into fast, fun updates. While we won't continue to offer this particular service, we'll be using our natural language research at Google in ways that may be useful to millions of people around the world.
No other details were immediately available. Earlier this week, citing a single source, TechCrunch reported that Google had acquired Wavii for.
What else costs $30 million these days? Reportedly, that's how much Yahoo paid just last month toand its news-summarizing mobile app technology.
In response to a query by CNET, a Google spokesperson offered this comment: "We're impressed by the Wavii team's progress in understanding natural language and we look forward to working with them at Google."
Update 8:10 a.m. PT: Added comment from Google.