Wednesday, March 21, 2012

HTC’s Beats in talks to acquire subscription music service MOG.

WorldWide Tech & Science. Francisco De Jesús.

HTC’s Beats in talks to acquire subscription music service MOG.


HTC is reportedly in talks to acquire subscription music service MOG, via its Beats Electronics arm.


The move would enable the handset maker to bolster the cloud services proposition it offers alongside its smartphones, which already includes a multimedia service called HTC Watch, and its latest One devices are also bundled with cloud storage services from partner Dropbox.

According to Reuters, Beats has been holding talks with MOG for some time, and a deal could be announced “within the next fortnight.”

MOG apparently has more than 500,000 active users, and has raised US$33 million in funding. A possible purchase price was not suggested.

HTC has made a number of acquisitions designed to bolster its content and services capabilities, with Peter Chou, its CEO, stating in an interview that smartphone vendors need to offer “a holistic experience of hardware, software and content.”

In addition to acquiring a controlling stake in Beats, the company has also invested in (among others) Japanese music service provider Kkbox, cloud gaming company OnLive, and content delivery company Saffron Digital.


4 comments:

  1. Incredible points. Solid arguments. Keep up the good effort.


    Here is my page; NaturaCleanse Diets

    ReplyDelete
  2. I got this web page from my friend who informed me
    concerning this site and at the moment this time I am browsing this web site and reading very
    informative articles at this place.

    My blog post - Pure HCA

    ReplyDelete
  3. Good post. I'm facing a few of these issues as well..

    My web-site - buy acai ultra lean

    ReplyDelete
  4. Attractive section of content. I just stumbled upon your blog and
    in accession capital to assert that I get in fact enjoyed account your blog posts.

    Any way I will be subscribing to your augment and even I achievement
    you access consistently quickly.

    my blog: Buy VImax

    ReplyDelete

[Invitation] Galaxy Unpacked 2024, Jan 17: Opening a New Era of Mobile AI.

A revolutionary mobile experience is coming. Get ready to discover a new era full of possibilities with the latest Galaxy innovations, desig...

Popular Posts