Listen.com, an online digital music directory and recommendation service, has acquired TuneTo.com, a company focused on streaming technology.
Initially TuneTo.com's technology will be used to improve Listen.com's own streaming capabilities, but eventually they have plans to use the acquired technology for providing music-on-demand type of services and possibly some wireless music solutions.
Financial details of the acquisition were not disclosed. Listen.com's investors include all the major record labels.
Written by: Petteri Pyyny @ 8 Apr 2001 13:06