News - 06/05/2013

Spotify has acquired Tunigo

Spotify has acquired Tunigo

Spotify has just acquired (for a sum that has not been unveiled) the Swedish startup Tunigo - and its app conceived to help listeners find playlists, provide music news and editorials and offer lists of new releases.
Tunigo's staff will move either to Spotify’s Stockholm or to New York offices, but the Tunigo app will remain available separately for now.

A Spotify spokesperson commented that "The acquisition fits into our overall strategy around music discovery, basically helping our users make sense of over 20 million tracks".
Tunigo CEO and co-founder Nick Holmstén, in a statement, explained that the deal was almost a natural event, because they’ve already been working side-by-side with Spotify: "Tunigo helps users find great music for every moment, and we’ve been working very closely with Spotify over the past few years. This is the perfect match from a music discovery perspective. We’re passionate about music and technology, and looking forward to further innovating within the music discovery space".

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