Samsung Electronics is reportedly acquiring mSpot, a mobile cloud-based content service provider. The value of the deal has not been revealed.
mSpot provides white-labeled cloud entertainment services for major US mobile carriers. It also has its own brand services available in the Android space.
Samsung has reportedly said the acquisition will include mSpot?s technology, assets and human resources. The acquisition will provide cloud-based music, video and radio services for Samsung?s customers.
The acquisition is expected to extend mSpot?s cloud and streaming services while enhancing Samsung?s mobile and tablet device entertainment offerings.
