Google Acquires Wavii

Much like Yahoo’s Summly acquisition one month ago, another althrothmic-based, natural-language processing startup that serves short summaries of articles has been snapped up, this time by Google. The Seattle startup Wavii not only fulfills a similar function to Summly, but it also gathers and processes pure online data into summarized bits. The acquisition was confirmed today by Wavii CEO Adrian Aoun. Reports indicate that Google paid more than $30 million for the startup, which will be shutting down to work within Google’s platform, probably very similarly to the way in which Summly now features inside Yahoo.