After Yahoo completed a buy-out of the news summarisation start-up Summly earlier this year, Google have now responded with their own news summarisation acquisition.
It has been announced that Google has bought out the Seattle-based Wavii news summarisation service, set up by former Microsoft employee Andrew Aoun, in a deal that is rumoured to be worth around $30million.
Wavii describes itself as a "Facebook for news", using natural language processing to scan news and social media services, consolidating this information to provide its users with "status updates" on topics such as world news, technology, politics, celebrity culture, and more.
As part of the takeover, the Wavii app service will now close, and the Wavii team will join Google in order to put their knowledge and technology to work enhancing Google's existing search services.
Reports suggest that the Wavii team will become part of Google's Knowledge Graph division, which is focused on enhancing Google's search engine to make it better understand how users structure their search queries.
Wavii said in a statement: "You probably know us best for our app that takes the deluge of information streaming across the web and condenses it into fast, fun updates. While we won't continue to offer this particular service, we'll be using our natural language research at Google in ways that may be useful to millions of people around the world."