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Apple acquires app discovery company Chomp

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Cupertino, Calif.—Apple Inc. has acquired Chomp, a San Francisco-based company whose search technology makes it easier to find apps for mobile devices. Financial terms of the deal were not disclosed, but Bloomberg has reported Apple paid $50 million for the company. There are more than 550,000 apps available for Apple's iPhone and iPad mobile devices, and 450,000 available for Android-powered devices. Chomp's technology permits searching for apps based on a variety of criteria and user needs.
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