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Apple to acquire Shazam for GBP 300 million - report

2017-12-10 19:36:00| Telecompaper Headlines

(Telecompaper) Apple is set to acquire music recognition app Shazam for a reported GBP 300 million, writes the Sunday Times. The takeover, which could be confirmed as early as this week, would be Apple's largest in the UK. Shazam investors are likely to be unhappy with the price as the company was valued at USD 1 billion (GBP 750 million) in 2015. 

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