Apple is Close to Acquiring Shazam [Report]

Apple is reportedly close to acquiring Shazam, a popular app that lets you identify songs, TV shows, movies, and more.

Sources tell TechCrunch that the deal is being signed this week and will be announced on Monday, although that could change.

One source describes the deal as in the nine figures; another puts it at around £300 million ($401 million). We are still asking around. Notably, though, the numbers we’ve heard are lower than the $1.02 billion (according to PitchBook) post-money valuation the company had in its last funding round, in 2015.





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