Audiogalaxy
(Credit: Audiogalaxy)
Dropbox has acquired music streaming service Audiogalaxy in a move that suggests the file-sharing service might be getting ready to launch a cloud music service.
The Seattle-based startup announced the acquisition in a blog post on its Web site but did not reveal the financial details of the deal. As part of the acquisition, Audiogalaxy said it has ceased accepting new signups and playlists will only be available to users until the end of December:
Today, we are thrilled to announce our team is joining Dropbox! We are excited about the opportunity to join the amazing folks at Dropbox and bring great new experiences to 100M+ Dropbox users.
A file-swapping powerhouse in the heady peer-to-peer days, Audiogalaxy was hobbled by a 2002 legal settlement with the recording industry. After being labeled "one of the greatest defunct websites of all time," the brand languished for many years before quietly relaunching earlier this year as a Pandora-like cloud-based music streaming service.
The new service allowed users to access their music libraries from any Internet-connected device, as well as discover new music via "mixes," which used a proprietary algorithm to recomme... [Read more]
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