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Shazam officially part of Apple, buying cost about $ 400 million

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Apple announced on Monday it has concluded an agreement to buy the Shazam music recognition app and the app will soon be free of ads for all users.

"Apple and Shazam have a long history together," said Oliver Schusser, vice president of Apple Music, in a press release, CNET reports.


"Shazam was one of the first apps available when we started the App Store and has become a favorite app for music fans everywhere. "

The phone giant said in December that it would buy the British company Shazam to boost the music department. Apple has not disclosed financial details, but the purchase price for the company was reportedly about $ 400 million, the Telegraph reports.

European Union regulators launched an acquisition scan in April regarding concerns that Apple-Shazam marriage could give Apple Music unfairly favors in the music business. However, the EU approved the purchase earlier this month. 

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