Apple (AAPL) confirmed Monday it is buying Shazam, a music recognition service that became an early favorite application of the smartphone era.

Terms of the deal were not immediately disclosed. TechCrunch, which was first to report the acquisition talks last week, pegged the price at around $400 million.

"We are thrilled that Shazam and its talented team will be joining Apple," a spokesperson for Apple said in a statement. "Apple Music and Shazam are a natural fit, sharing a passion for music discovery and delivering great music experiences to our users. We have exciting plans in store."

The deal is pending final approval.