HP drops $30 million on streaming music app developer Melodeo
I'm starting to feel like I'm just about the last person on Earth who hasn't purchased a streaming music service. HP is the latest to get in on the audio action, gobbling up Seattle-based Melodeo for $30 million.While you may not have heard of the service (I hadn't until today), their site attracts about two million unique visitors per month. As TechCrunch's Evelyn Rusli points out, Melodeo's nuTsie app makes a nice follow-up to HP's earlier acquisition of Palm -- since nuTsie enables users to stream iTunes music to their mobile devices.
HP's certainly got a lot on its it plate right now -- Phoenix's instant-on Hyperspace, a possible WebOS tablet, nuTsie -- and they've got their hands in the Chrome OS cookie dough right now as well.
What do you think, DS readers? Will HP be able to produce something amazing from this amalgamation, or are you anticipating more Apple device wanna-bes?













Comments
2
Subscribe to commentsEroded FallacyJun 23rd 2010 5:04PM
It looks like HP is taking Palm OS very seriously. I myself have never used a Palm device but that may change in the future especially since HP has a way of making products that are visually appealing to their intended target audience.
JoseJun 23rd 2010 8:33PM
If HP can compete with Android's army of highly advanced smartphones exceeding their 1 GHz processors and soon 2 GHz processors, HP has a good chance of taking the lead in smartphone technology. Especially with their combined background experience in laptops, servers, and their newly acquired webOS mobile operating system which is well known to be the best true multitasking mobile operating systems today. A far robust hardware powering this awesome mobile OS can make all of the difference.