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Apple Is Said to Pay About $50 Million for Search Startup Chomp

Apple Inc., the world’s most valuable company, acquired San Francisco-based Chomp Inc., which helps users sort through the widening array of software applications for mobile devices.

The Cupertino, California-based company paid about $50 million for Chomp, according to a person familiar with the matter, who asked not to be named because the specifics are private. Apple confirmed the deal yesterday, without disclosing the purchase price.