The popular cloud storage and sharing company Dropbox has this week made a new acquisition, acquiring the music streaming company Audiogalaxy for an undisclosed amount.
Since its founding in 1998 by Michael Merhe, Audiogalaxy has built a unique placeshifting service music experience on the web and mobile devices, attracting users worldwide.
Audiogalaxy’s three members Michael Merhej, Tom Kleinpeter and Viraj Mody explained in a blog post today: “excited about the opportunity to join the amazing folks at Dropbox and bring great new experiences to 100 million+ Dropbox users,”. Teasing that new service might be made available in the near future.
Audiogalaxy’s has already moved in with Dropbox and already put a lock on new accounts. However existing users can still access their accounts but there is now a limit on access to Mixes, which will only be available until the end of the month and close on December 31st 2012.
For more information jump over to the jump over to the Audiogalaxy Blog post.
Source: TNWFiled Under: Technology News