Monday, January 7, 2008

Motorola to Enhance Music Delivery Capabilities in Asia Through Acquisition of Soundbuzz

Motorola today announced that it has signed a definitive agreement to acquire Soundbuzz Pte. Ltd., a privately held, leading pan-Asian music provider. Through its MOTOMUSIC service, Motorola has more than two years experience delivering mobile music to consumers with its carrier customers in China, Hong Kong and Taiwan. The acquisition of Soundbuzz allows Motorola to expand MOTOMUSIC beyond China, into India, Southeast Asia, Australia and New Zealand. With well over 90 percent of all digital music content in Asia sold via mobile channels, a level expected to remain in the coming years, Motorola's strength in music delivery will help its carrier customers access this growth opportunity.
http://www.foxbusiness.com/markets/industries/telecom/article/motorola-enhance-music-delivery-capabilities-asia-acquisition-soundbuzz_424906_13.html

http://www.techcrunch.com/2008/01/07/motorola-acquires-online-music-store-soundbuzz/

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