Wavii has today officially confirmed the Google bayout previously reported online. Wavii's natural-language technology grasps the context of language and summarizes the main points in news stories and other content. Wavii chief Adrian Aoun made it clear that Wavii's info service will be shutting down, while the company's expertise in natural language processing should find its way into future Google projects.

"You probably know us best for our app that takes the deluge of information streaming across the web and condenses it into fast, fun updates. While we won't continue to offer this particular service, we'll be using our natural language research at Google in ways that may be useful to millions of people around the world," Aoun said.

Terms of the deal were not disclosed.