Apple is Close to Closing a Deal to Buy Shazam for $401 Million

As one of the first apps to appear in Apple's App Atore, Shazam has been a staple on users' phones across the world since, helping fans identify new songs they'd otherwise never know of, or remember the names to ones they've forgotten. In 2015 the company was valued at 1.2 Billion dollars, and has since maintained around 1 billion downloads per day across 190 countries. However despite that, the supposed deal with Apple is rumoured to be for $401 million, significantly less than its worth a coup...