Spotify acquires two companies that could see it adding more social features

Now it seems the company may be looking to return to its social-oriented roots.

Spotify announced today that it has acquired two companies, both of which had created social apps, but only one had anything to do with music. Soundwave is a social music app that helps users discover and share music, connecting with other fans in the process. Cord Project, on the other hand, is best known for Cord, a voice messaging platform for mobile devices.

“The acquisitions of both Cord Project and Soundwave give us the opportunity to bring two extremely talented and like-minded teams into the Spotify family. We’re excited to welcome them on board, and are looking forward to their contributions in shaping the future of music engagement.”

The press release says that the team will remain located in New York, and will “build a new product group that will focus on creating compelling content experiences.”

Soundwave was founded in Dublin in 2012, and its app was downloaded over 1.5 million times, across 190 countries and 15 languages. Cord Project is a newer company, founded in 2014, and its Cord app boasts over 1 million users.

see full article on Digitaltrends

#Spotify