“Computer giant Hewlett-Packard has acquired Melodeo, a Seattle-based start-up that specializes in music applications and services for mobile devices, the companies confirmed on Wednesday,” Matt Rosoff reports for CNET. “Terms of the deal weren’t disclosed, but an anonymous source told TechCrunch that the price was around $30 million. The acquisition vaults HP into the battle for mobile music services.”
“I’ve written about Melodeo’s products a couple of times, most recently in January, when I got a demo of a forthcoming update to Melodeo’s Nutsie app for Android phones. Nutsie (the name is an anagram of iTunes) runs on several mobile platforms, and gives users a way to get music from the iTunes library on their computer to a mobile device over the air… Basically, Melodeo was building an online music locker, like what MP3Tunes offers,” Rosoff reports. “It sounded like a great solution for Android’s weak spot in music, and I even speculated that Google might acquire Melodeo. But the updated Nutsie app hasn’t come out yet, and when I contacted a spokesman about two weeks ago, he told me that Melodeo had some big news coming up that was delaying its product plans. This was it.”
“So what’s HP going to do with Melodeo? My guess: it’s going to build a music streaming service for the WebOS mobile device platform, which HP gained in its acquisition of Palm earlier this year,” Rosoff reports.
Full article here.
MacDailyNews Take: Are they building a billion-dollar data center in North Carolina, too?