Go Symbol Lookup
Loading...

Apple Buys App-Discovery Search Engine

 Text Size  
Published: Friday, 24 Feb 2012 | 12:30 PM ET
By: Charlie Szold, USA Today
Getty Images
Apple iPhone

What good is it to have 500,000 apps in your app store if you can't find any you like?

Apple is trying to bring order to its app store by purchasing app-discovery engine Chomp.

Chomp uses a proprietary algorithm to "learn the functions and topics of apps." You can then search the app store with broad phrases like "tip calculators" or "chat" and find great, relevant results, according to Chomp's website.

Chomp has app search engines for Apple's iPhone and iPad app stores, and also for the Android market. Apple paid about $50 million for the company, according to unnamed sources quoted by Bloomberg Business Week. Apple confirmed the acquisition yesterday, but did not comment on the price or reason for purchase.

"We buy smaller technology companies from time to time and generally don't comment on our purposes or plans," an Apple spokeswoman told Bloomberg Business Week.

 Print
What good is it to have 500,000 apps in your app store if you can't find any you like?
  Price   Change %Change
AAPL ---

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

Contact Technology

  • Editor of CNBC.com's Tech Section, always plugged in and yet also wireless.

  • Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and author of CNBC.com's "Media Money" blog.

  • Fortt is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau and contributes to "Tech Check" on CNBC.com.