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Apple to confirm Shazam acquisition today; Snap and Spotify also expressed interest

Techcrunch ---------- After we broke the story last week that Apple was acquiring London-based music and image recognition service Shazam, Apple will be confirming the news today, we have heard. It is purchasing the startup — one of earliest players in the world of mobile music — as part of its bigger ambitions in the music business. We have been told by multiple sources that the news should be out some time between 8am and 9am Pacific. Apple is not likely to disclose the price but we have several sources that have confirmed to us that the deal is in the region of $400 million. To learn more click on the picture below to read the article.

Apple to confirm Shazam acquisition today; Snap and Spotify also expressed interest - Read More from Techcrunch

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