BREAKING NEWS: Siri bought by Apple

Back in February I said that if you miss Siri you will miss the future of the Web.

Well, Apple did not miss the future of the Web.

According to FTC Apple just purchased Siri.

If previous acquisitions by Apple are an indicator this would have gone for 8x to 10x investments, which would have put the price at about $200 million. Since this company/product just came out this year (I named it one of the startups to watch in 2010) it would have had to go for that amount or more to get the investors interested in selling so soon.

I remember when I first saw Siri I told the CEO that they would get into a bidding war with someone bidding vs. Google. I would not be shocked to hear that happened.

Great to see one of my favorite startups of the year going so quickly. Wow.

Why is this strategic for Apple?

Because Siri hooked up APIs from around the world in a very cool personal assistant. It was one of the first apps I loaded on my iPad. Why? Because you could talk to it with your voice and have it do things from getting you a taxi to having it buy movie tickets for you.

The value in unlocked is huge. This shows Apple is very willing to buy its way into the new mobile web and the new API-driven web. This also could be a major cornerstone in how it competes with Google.

  • http://www.zatznotfunny.com Dave Zatz

    “BREAKING NEWS” seems a bit dramatic. Siri's UI is unique and polished, but I never found a daily use for it. Will be interesting to see how Apple integrates their tech.

  • http://www.twitter.com/aainslie Alexander Ainslie (@AAinslie)

    With @SIRI acquisition @Apple just filled 10-30,000+ #holes! #Disintermediated #Apps $APPL $$

  • http://www.facebook.com/people/Farry-Aprianto/761539465 Farry Aprianto

    Apple bought Siri so that it can patent the technology to be used exclusively on iPhone platform.

  • http://twitter.com/sull sull

    I expected Apple to be aggressive with this one since they are in such a void in this space. Not anymore. Very smart and necessary purchase by Apple.

  • http://scobleizer.com Scobleizer

    It's not dramatic. This is a HUGE deal for Apple and I was the first one to report it.

  • http://www.facebook.com/profile.php?id=686011159 Farhan Memon

    How Siri different from any number of voice portals that existed previously?

  • http://scobleizer.com Scobleizer

    If you watched the video you'd see that this was way better than anything that's existed before. It used APIs and has a unique method of negotiating with the APIs for best available price and service. But save us all time and watch the video. Nothing else exists that I've seen that competes with it.

  • http://twitter.com/apatchirajan Archana Patchirajan

    I would think siri means more than an “app” to apple.. They want the technology and not the app..

  • http://www.facebook.com/miles.beckett Miles Beckett

    Wow! Robert, I agree. I've been praising Siri to all my friends… and I don't even own an iPhone :) This is a a huge play for Apple in the API-connected web, and along with their LaLa acquisition, it shows that they know that their hardware will be commodified and that they need to hedge their bets by becoming a cloud services provider like Google et. al. The question is whether they will effectively integrate these service and their other offerings (iTunes) into one compelling cloud service. Time will tell.

  • http://iamjohnwright.com/blog John Wright

    Wow, this is huge! I'm sure Apple will develop and integrate this into there products to create a very killer app/experience

  • http://iamjohnwright.com/blog John Wright

    This is indeed “Breaking News”. It gives insight into Apples thinking and plan/direction for future products.

  • smucoxweb

    Given that the iPad is really an iPhone maxi, this is huge.

  • http://twitter.com/cacarr Christopher Carr

    No Android app then, I take it?

  • http://blogs.chron.com/techblog Dwight Silverman

    Siri's got potential, but works only about half the time for me. It either can't find what I'm looking for, or gets it wrong at least 50 percent of the time. (This is on an iPhone 3G.) Google's search via voice feature, as well as that of Dragon Dictation, is much better.

    If Apple makes it more robust, it'll be a nice addition to the iPhone OS. But “the future of the Web” is only valid if it, you know, actually works.

  • http://www.victusspiritus.com/ Mark Essel

    Feels good to be right huh Robert?

    I bet the founders at Siri feel even better :D

    Good shot.

  • dales44

    What's amazing is all the buzz around this somehow being a move against Google in Search. Even SIRI say they are NOT ABOUT SEARCH.

    From twitter via BackType
    Talked to Siri's board members, who say they are not about search, and were not looking to be bought when Apple called. http://cnt.to/ksv

    So, what's it really about? Maybe a Talent acquisition? Former Google/Mobile guy, some AI guys? Who knows, but, the tech itself (which, is a license to technology I believe, not owned IP) is not very strong, a bit gimmicky, but linked to an accelerometer, who knows?

  • arthurpjohnson

    It's not about search. I see it as a move against FACEBOOK in the new war to control 3rd party websites by owning all the information about the consumer who uses your portal to access other websites. Facebook has far more intimate information about me than Google, a huge base of 400 million users — and they aspire to be the latter-day AOL. Apple wants to end-run them by making it easier to buy stuff with your phone than with a mouse. It's a very smart move.

  • http://www.facebook.com/don.macaskill Don MacAskill

    “Great to see one of my favorite startups of the year going so quickly”

    How many of your favorite startups, after acquisition, remained your favorite for long?

    Are you *really* sure it's great to see one of your favorites get snapped up?

  • r_macdonald

    The Semantic Web Meme Grows

    Wow, it has been a heck of a fortnight for the Sir Tim Berners-Lee dream meme:

    14 days ago, Twitter announced an “annotations” feature for developers that could contain Linked Data (Semantic Web schema).

    7 days ago, Facebook launched “Open Graph” features that use RDFa schema, Semantic Web again.

    Today Apple seems to have made its first public Semantic Web play.

    A veritable Shakespearian semantic “sea change” (from The Tempest). Oh what a brave new world that hath such features in it!

  • http://www.lifeonthegrid.com/ spinchange

    Hat Tip, Robert! I love Siri.

    It's been the one great voice activation apps.

    I can't wait to see how Apple uses this.

  • http://www.digitalphotobuzz.com Mark Stagi

    Haven't used this app yet but it sounds really promising! Checking it out now and congrats to everyone over at Siri for getting bought so quick, wow!

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  • Steve

    Did Apple just buy a name? Apparently Siri means Secret in Swahili.

    Maybe to emphasize the importance of secrecy by company…especially after the gizmodo (http://bit.ly/apple_gizmodo) post..

    Or maybe not

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    it is a very bad day i wanna listen to music :(

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  • arthurpjohnson

    Exactly.

  • Shageevan

    I agree! It is a huge deal for apple!

  • Sam

    Would be cool if Apple integrated it into their current Voice Search. Don't even have to open an app, just hold down the home button and talk, it finds your contacts, plays a song, or does anything else an API can do.

    Here's the real kicker: Apple opens up the API and lets developers create links to their services… and charge to add them! Users can expand the power of the system by adding fandango for a buck, or facebook for a buck, or twitter, or…

  • http://www.facebook.com/people/Alex-Weinstein/605076 Alex Weinstein

    Robert and everyone:

    Check us out: Making Virtual Solid, http://www.mvs.net, and pass us along to anyone you know at Apple, Google, RIM and Nokia. We already in disussion with Ford to become part of their Sync system, but we want to integrate with all players. But no one knows about us yet.

    -Alex
    Counsel to Special Projects

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