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Google acquisition
On April 30, 2013 it was announced that Google, Inc. had acquired Wavii for an amount that was officially undisclosed, but which industry insiders claimed was over $30 million USD. The acquisition was viewed as a way for Google to expand their ability to understand the web for search and to summarize content.[4]
Google discontinued the Wavii iPhone app and website, but the company reported that it is continuing to run Wavii's technology and produce feed content for applications within Google.[5]
Following the acquisition Wavii's team relocated from Seattle to the San Francisco Bay area.[6]
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