The giant KOREAN COMPANY SAM SUNG acquired M SPOT of 8.8$M .The eight year old company M SPOT launched at 2004 with great success in customers they offer a 4 GB memory space free and you can upgrade up to 40 GB 4$ a month .This company functions are cloud-based music and media service provider based in Palo Alto. The acquisition will provide a cloud-based entertainment experience of video, music, and radio services for users of Sam sung devices .M SPOT is a world class level cloud computing company so only Sam sung acquired the company.
SAM SUNG PRESS RELESE SAID:
“The acquisition will provide a cloud-based entertainment experience of music, video and radio services for users of Sam sung devices, while extending m Spot cloud and streaming solutions to a broader base of global entertainment fans. The combination will extend m Spot top class cloud and streaming services while further enhancing Sam sung mobile and tablet device entertainment offerings. mSpot’s entertainment services will be a key integrated offering on newly announced Samsung mobile devices.”