Dave Horvath
12 Nov 2007 11:49
Based in Paris, an online mobile music service company named Musiwave has entered talks with Microsoft about a possible acquisition. A Microsoft executive stated that it is currently in exclusive discussions with parent company Openwave Systems Inc. over the details of purchasing Musiwave.
No details have been released yet, but Microsoft plans to use this service to give better support for their Windows Media Player, Zune, and MSN services. Microsoft stated that the purchase will bring Musiwave closer to recording companies, device makers and mobile operators for more exclusive deals as well as work independently with Microsoft's Connected Entertainment.
If the transaction goes through, Musiwave will continue to operate out of its headquarters in Paris.
Source:
Reuters