MySpace acquires social music application iLike
MySpace says it will acquire iLike, the largest music application for social networks, confirming rumors that have been circulating this week. Terms were not immediately disclosed.
By Agencies |
LOS ANGELES: MySpace says it will acquire iLike, the largest music application for social networks, confirming rumors that have been circulating this week. Terms were not immediately disclosed.
ILike, which has 55 million users, will remain headquartered in Seattle and its management team will stay intact, with brothers Ali and Hadi Partovi in the top two slots.
MySpace CEO Owen Van Natta said in a statement that the acquisition ``advances our relentless pursuit of innovation and the need to create new distributed social experiences in music and beyond.''
ILike, which has 55 million users, will remain headquartered in Seattle and its management team will stay intact, with brothers Ali and Hadi Partovi in the top two slots.
MySpace CEO Owen Van Natta said in a statement that the acquisition ``advances our relentless pursuit of innovation and the need to create new distributed social experiences in music and beyond.''
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