Question
Here is the question : IN 2018, APPLE PAID $400 MILLION TO ACQUIRE WHAT MUSIC RECOGNITION APP?
Option
Here is the option for the question :
- Shazam
- Soundhound
- Musixmatch
- AudioTag
The Answer:
And, the answer for the the question is :
Explanation:
When Apple first introduced its App Store in 2008, one of the first applications to be available was Shazam. After ten years, the massive technology company paid close to half a billion dollars to acquire the music application. Users of Shazam are able to determine the title of a song simply by listening to the audio that is playing around them. When Apple purchased it with the intention of integrating its technology into Apple Music, it had been downloaded more than a billion times prior to the purchase.
In 2018, Apple Inc. announced that it had acquired the popular music recognition app, Shazam, for a reported $400 million. The acquisition was seen as a major coup for Apple, which has long been a leader in the music industry and has sought to expand its reach and influence in the space.
Shazam is a mobile app that allows users to identify songs playing around them by simply holding their phone up to the sound. The app uses advanced algorithms and machine learning techniques to identify songs, and has become a beloved and essential tool for music lovers around the world.
The acquisition of Shazam by Apple was seen as a strategic move by the company to expand its reach and influence in the music industry, and to better integrate its hardware and software offerings with the broader music ecosystem. The deal also gave Apple access to Shazam’s vast database of music and user data, which the company can use to improve its own offerings and services.
Since the acquisition, Shazam has continued to operate as an independent app, but has also been integrated into a number of Apple’s products and services, including Siri and Apple Music. The acquisition has also helped to cement Apple’s position as a leader in the music industry, and to demonstrate the company’s ongoing commitment to innovation, creativity, and technical excellence.
Whether you’re a fan of Apple, Shazam, or simply a curious observer of the technology industry, there’s no denying the enduring impact and influence of this landmark acquisition, and its place as one of the most important and influential deals in the history of the music and technology industries.