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Wavii is a startup company in Seattle in technology for handling natural language. They offer an app that summarizes news from different sources. The functionality corresponds Summly, applications like Yahoo bought from a British 17-year-old just before Easter.
- [03/26/2013] Yahoo buys stjerneapp from the age of 17
Business Insider reported 19 April that I would be close to buy Wavii. Yesterday TechCrunch wrote that I had won a bidding war against Apple to buy Wavii. The price should have ended up in excess of $ 30 million, equivalent to the Yahoo paid for Summly.
Since Reuters has gotten acquisitions, bidding war and the amount confirmed by own sources.
There is no official confirmation or comment from the parties.
Wavii also provides access to photos and video. (Photo: Wavii)
Reuters writes that the founders respectively Wavii and Summly, previously and independently, have acknowledged that the two apps have almost identical functionality.
Apple should have been interested in Wavii to expand their own language technology, known as Siri. Answers now that two arch-rivals, Google and Yahoo seems to have intercepted the two most prominent providers of language technology applied to automatic news summary.
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