Apple acquiring Shazam


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Apple's statement to the Verge:

"We are thrilled that Shazam and its talented team will be joining Apple," an Apple spokesperson told The Verge. "Apple Music and Shazam are a natural fit, sharing a passion for music discovery and delivering great music experiences to our users. We have exciting plans in store, and we look forward to combining with Shazam upon approval of today's agreement."

It's speculated the company is worth $400 million, but the details are unknown.