Wavii, which was launched last year, offers customised news feed to users, summarising news stories, tweets and blogs related to their interests.
Apple had also been keen to buy the start-up. According to reports, it wanted to incorporate the technology in the Siri function of its devices.
Last month, Yahoo acquired a news summarisation app, Summly, for "dozens of millions" of pounds.
Yahoo subsequently added the facility to its iPhone app earlier this week.
Neither Google or Wavii have revealed the price of the deal, but most reports say it was about $30m.
Wavii was created by engineers who previously worked for Amazon and Microsoft and offers services via the web or as a smartphone app.
It is closely integrated with Facebook. That may change since the social network competes against Google+.
'Structured feed'
It can process up to 1,000 articles per minute and then summarize the most important bits to the user via a personalized news feed.
"We do it by teaching computers to read everything that is reported or shared on the internet, and automatically produce interesting social content about it," it says on its site.
According to some analysts, the technology could be used by Google to improve search results for news stories.
Source: BBC
4/28/2013
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