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Samsung Buys Streaming Startup mSpot To Take On iCloud And Google Play

Discussion in 'Off-Topic Discussion' started by CatfishRivers, May 9, 2012.

  1. CatfishRivers

    CatfishRivers Well-Known Member

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    Samsung buys streaming startup mSpot to take on iCloud and Google Play | VentureBeat (click for full article)

    "Electronics giant Samsung has purchased streaming media startup mSpot, the companies announced today. Financial terms of the deal were not disclosed, but the deal is rumored to be worth an estimated $8.8 million, according to a South Korean news site Mael Business.


    MSpot's service functions similar to Google Music or Amazon's Cloud Player. Users can upload the digital media (music, movies, TV shows) stored on their computers into the cloud via an mSpot app. That media is then accessible on a handful of smart devices through mSpot's app, which is available on iPhone, iPad, Android, and Google TV. Users are allotted 5GB of storage for their media for free. The mSpot streaming music service also offers users a Pandora-style smart-radio functionality, while the video service is geared more towards making new movie purchases.


    As part of the acquisition deal, the mSpot app will be featured within Samsung's growing ecosystem of devices, such as smartphones, tablets, smart TVs, etc. Strategically speaking, Samsung will likely develop the mSpot service as a way to compete more evenly with Apple, which offers its own digital media store as well as plenty of streaming functionality via its iCloud service.


    The move will also allow Samsung to steal attention away from the Google Play Store, which is easily integrated into Samsung devices running Google's Android operating system. The interesting part of this development will be if Galaxy smartphones and tablet owners actually use the mSpot service over Google Play - and more importantly, how Samsung plans to entice people to use mSpot over Google Play."
     
  2. CatfishRivers

    CatfishRivers Well-Known Member

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    Samsung mSpot Acquisition Means Competition For Google Play And iCloud? | CrazyEngineers (click for full article)

    "Samsung announced today about buying mSpot Inc, a provider of cloud-based mobile app that is used for entertainment experience of music, video and radio services. mSpot Inc., a company founded in 2004 is based out of Palo Alto, California, previously raised $2.3 million from Trinity Ventures. This acquisition brings mSpot's cloud and streaming solutions to the big range of smartphones and tablets that Samsung has to offer to its global users. It goes without saying that the acquisition includes the full scope of technology, assets and human resources under mSpot.



    So, with this deal signed, here comes the round of speculations as to how Samsung will use this new service. Many suggest that the Music and Media Hub may soon get to the cloud, since the overall functioning of mSpot is quite similar to existing popular services like Google Music or Amazon's Cloud Player, while much like Pandora, mSpot's offers smart radio streaming service. Via mSpot app, users upload their digital content of upto 5GB for free into the cloud for getting instant access to it through their iPhones, iPads, Android smartphones & tablets, and of course on the Google TV.



    The Samsung devices that run on Android, see a well-integrated Google Play Store already at the hands of users. If Samsung decides to roll out mSpot app immediately on all upcoming its smartphones and tablets, it remains to be seen whether users will prefer to use mSpot over Google Play. On the other hand, a direct competitor of Samsung, Mr. Apple has an increasingly-popular service called iCloud. Will Samsung be successful in wooing users towards mSpot is the question. Let us know your reactions. "
     
    Last edited: May 11, 2012

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