Wavii: Technology or People
April 24, 2013
I just read “Google Buys Wavii for North of $30 Million.” According to the write up:
Both Apple and Google were competing for the Seattle-based startup, and Google eventually won. Apple wanted the company, which developed its own aggregation technology and natural summarization algorithms, for its Siri division. The 25-person-strong team, including founder Adrian Aoun, will be moving down from Seattle to join Google’s Knowledge Graph division.
Interesting move. Is it for technology or people or both. My hunch is that it is people first, then technology. If the $2 million in funding is accurate, the money behind some older search and content processing outfits is going to be demanding sales sooner than later. For outfits six or more years old, generating a hefty return is likely to be a tough job.
Stephen E Arnold, April 24, 2013
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