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Dropbox buys Audiogalaxy, music streaming to follow?

12/13, 2:38pm

Peer-to-peer music acquisition sparks speculation

Popular cloud-storage provider Dropbox moved to further differentiate itself from competitors today, acquiring Seattle-based music streaming service Audiogalaxy. While Dropbox has not yet commented on the acquisition, Audiogalaxy, in announcing the deal, said its team was excited to bring "great new experiences" to Dropbox's more than 100 million users. The peer-to-peer streaming service is no longer accepting new users, but its current users can continue to use the personal streaming features of the service.

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