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Samsung Acquires mSpot
Samsung Electronics announced it is acquiring mSpot, Inc., a leading mobile cloud contents service provider based in Palo Alto, 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 to a broader base of global entertainment fans.The combination will extend mSpot’s top class 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.