With Audiogalaxy Acquisition, Dropbox Signals Its Cloud Music Ambitions

Dropbox?broadly hinted at its future plans yesterday, with the acquisition of Audiogalaxy, a startup allowing users to store their music files and playlists in the cloud then stream them to any device. The announcement was made via a short post on the Audiogalaxy blog, signed by company founders Michael Merhej, Tom Kleinpeter and Viraj Mody.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/PjhlK_3yxrw/

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