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Friday, May 11, 2012

Samsung to acquire cloud-based entertainment company mSpot

Samsung Electronics is acquiring cloud-based entertainment service mSpot. It plans to use the California-based business to provide music, video and radio services to Samsung customers and says it’ll extend mSpot’s cloud and streaming solutions to a broader consumer base. Entertainment from mSpot will be integrated with new Samsung mobile devices.

TJ Kang, Senior Vice President of Samsung Electronics’ Media Solution Center, said “mSpot shares our vision to bring a best-in-class cloud and streaming entertainment experience to consumers, and they’ve backed it up with innovative technical solutions from a great engineering team.”

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Author: The Fonecast
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