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Thursday, May 10, 2012
Samsung Brings Entertainment To The Cloud With mSpot Acquisition

Samsung announced today it is acquired mSpot, Inc., a mobile cloud contents service provider based in California.

The acquisition will provide a cloud entertainment experience of music, video and radio services for users of Samsung devices, while extending mSpot?s cloud and streaming solutions. The combination will extend mSpot?s cloud and streaming services, while further enhancing Samsung's mobile and tablet device entertainment offerings. The mSpot's entertainment services will be a key pre-installed offering on newly announced Samsung mobile devices.

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

The acquisition will include the full scope of technology, assets and human resources under mSpot. Further details of the transaction were not disclosed.

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