Helena Izotova
Google, the world's most expensive tech giant, is reported to havefinally purchased SlickLogin, a promising startup that is currently working on sound and voice recognition technologies. Google is very likely to have purchased the startup in order to make their mobile devices able to recognize the user's voice. This is a promising technology since the owner of a mobile devices will be able to set a voice password, which increases the level of security.
At this point, Google hasn't commented on the matter. However, several experts say that the estimated price of the deal is around several million dollars.
For reference sake, SlickLogin was founded 12 months ago by 3 like-minded people. In late 2013, they introduced their solution during the conference called TechCrunch Disrupt. Google got increasingly interested in the solution and eventually purchased the company to patent the technology and futher used it its future devices.
While Google keeps purchasing promising startups, its stock keeps gaining value and setting new price records. At this point, the corporation's stock is trading around $1292,80 per share. The chart below, courtesy of Optionova, reflects the current state of affairs in the market of GOOG:
Helena Izotova
