Palo Alto, Calif. – mSpot, the privately held, Palo Alto-based provider of a music and video delivery service for mobile devices, has been acquired by Samsung Electronics the company announced on Wednesday.
Terms of the deal were not disclosed.
Founded in 2004, mSpot provides “white-labeled” cloud entertainment services for major U.S. mobile carriers, as well as its own brand services available in the Android Marketplace or App Store.
Samsung said the acquisition will provide a cloud-based entertainment service for users of Samsung devices, while extending mSpot’s cloud and streaming solutions to a broader base of customers internationally.
This article was also published in Bay Area Tech Wire.
mSpot – official site
mSpot – press release