17.11.2015 03:28 Uhr, Quelle: MacNN

Pandora acquires Rdio technology, staff, other assets for $75M

Pandora is acquiring aspects of a rival streaming music service for $75 million, as it attempts to improve its own audio offerings at the same time as lowering the number of players in the music streaming industry. As part of the deal, Pandora will take control of "several key assets" from Rdio, including technology and intellectual property, as well as absorbing some of the Rdio staff and Rdio filing for bankruptcy.

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