Google acquires news summarisation startup Wavii

By Abhinav Mishra | Updated 30 Apr 2013
Google acquires news summarisation startup Wavii
  • Google mirrors Yahoo's Summly deal by acquiring Seattle-based news summarisation start-up for $30 million.

Search engine giant Google has acquired Wavii, a Seattle based start-up which offers customized news feeds to users, for approximately $30 million.

Wavii was launched last year offering customized news feed to users, summarizing news stories, tweets and blogs. Google acquisition comes several weeks after Yahoo Inc. bought Summly, the news reader/summarisation app for a similar amount. According to sources, it is believed that Google got tangled in a bidding feud with Apple in its attempt to purchase Wavii.

advertisements

Wavii was setup by former Microsoft employee Andrew Aoun and became popular with its summarizing service, which takes up to 1,000 articles a minute and summarizes them into manageable news feed based on user preferences. Wavii would help Google to integrate its technology with Google News, Google Now and various other applications. It could also be a new and improved replacement for the recently-axed Google Reader.

Experts believe that this move would facilitate improved search results for news stories.

Source: PCPro

advertisements
advertisements
Abhinav Mishra
advertisements
ASK DIGIT

Recent Questions

best news app
t ruth pushpalatha
Sept 11, 2014
Responses 9
Aditya Malpure
Sept 11, 2014
Aditya Malpure
Sept 11, 2014
Vivek Bhatt
Sept 12, 2014
D JAYASHEELA
Sept 12, 2014
kavish
Sept 13, 2014
Hina
Sept 13, 2014
CHRISTIANA JOHN
Sept 14, 2014
satish k
Sept 14, 2014
Jyoti Prakash
Sept 14, 2014
Comments
Be the first one to post the comment
Post a New Comment
You must be signed in to post a comment
advertisements