Apple [AAPL] seems to be spending some of its huge cash reserves this week, as more details have been released on another acquisition. Yesterday we heard that Apple had purchased mobile chip maker Intrinsity for around $120 million.
Apple has now added another company to its acquisition list with the recent purchase of Siri, a company that makes a search application for the iPhone that lets users search on mobile devices via voice or text.

The deal is rumored to have cost Apple about $200 million. Siri makes an application for the iPhone 3GS and iPod Touch that lets users search in natural language, for example ‘Find where Iron Man 2 is playing in 3D near my home’.
Expanding Apple’s Mobile Search Capabilities
Siri is also working on applications for the iPhone 3G, although it isn’t clear whether they are working on the application for any other platforms. This acquisition indicates Apple’s strategic move to enhance its mobile search capabilities. By integrating Siri’s advanced voice recognition and natural language processing technology, Apple aims to offer a more intuitive and user-friendly search experience on its devices.
Apple obviously intends to get into mobile search, and probably hopes to rival Google’s Voice search feature. No doubt they intend to build the technology into the iPhone and iPod touch, but do Apple intend to make their own mobile search engine? This acquisition could be a stepping stone towards developing a proprietary search engine that could potentially reduce Apple’s reliance on Google for search functionalities.
Potential Impact on the Market
The acquisition of Siri could have significant implications for the mobile search market. By incorporating Siri’s technology, Apple could offer a more seamless and integrated search experience, setting it apart from competitors. This move could also prompt other tech giants to invest more heavily in voice search and natural language processing technologies to keep up with Apple’s advancements.
Moreover, this acquisition aligns with Apple’s broader strategy of enhancing its ecosystem. By owning and controlling more of the technology stack, Apple can ensure a more cohesive and optimized user experience across its devices. This could lead to increased customer loyalty and potentially attract new users who are looking for a more integrated and efficient mobile experience.
In addition to improving search capabilities, Siri’s technology could be leveraged in other areas of Apple’s ecosystem. For instance, it could enhance the functionality of Apple’s virtual assistant, Siri, making it more accurate and responsive. This could further solidify Apple’s position as a leader in the voice assistant market, competing with the likes of Amazon’s Alexa and Google’s Assistant.
Overall, Apple’s acquisition of Siri represents a strategic investment in the future of mobile search and voice technology. By integrating Siri’s advanced capabilities into its devices, Apple is positioning itself to offer a superior user experience and stay ahead of the competition in the rapidly evolving tech landscape.
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