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Sony said to be actively looking into sale of Gracenote

Written by Andre Yoskowitz (Google+) @ 18 Dec 2013 23:44

Sony said to be actively looking into sale of Gracenote According to Bloomberg, Sony has hired Qatalyst Partners to look into a sale of its Gracenote audio-recognition software business.
Gracenote will become its own independent company, and has been owned by Sony since 2008.

The sources say Gracenote has revenues between $100 and $200 million per year.

Gracenote powers iTunes' track identifying software, and is also the basis for some song-recognition services and apps that rival Shazam. Gracenote tech is also used in most of Sony's consumer products, including TVs and smartphones/tablets.

Sony has been actively looking to trim the amount of divisions and the amount of products it offers.

Tags: Gracenote Sony

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