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Microsoft to acquire mobile music provider Musiwave?

Microsoft to acquire mobile music provider Musiwave?

Microsoft Corp. today announced it has entered into an exclusivity agreement around its intention to acquire Musiwave SA, an Openwave company and a leading provider of mobile music entertainment services to operators and media companies.

The acquisition would bring Musiwave's relationships with music labels, device makers and mobile operators that deliver digital entertainment to consumers, together with Microsoft's Connected Entertainment technologies and services, including Windows Mobile, Zune, MSN and Windows Live.

Should the transaction proceed, Musiwave would continue to operate out of its current headquarters in Paris.

"Microsoft and Musiwave share the same philosophy in working with hardware and mobile operator partners to deliver great experiences for mobile device users," said Pieter Knook, senior vice president of the Mobile Communications Business at Microsoft.

"Bringing Musiwave on board would provide an opportunity for Microsoft to explore new areas in the mobile space previously untapped, and to showcase the power of software plus services. This contemplated acquisition reflects Microsoft's
recognition of the software and technology expertise in Europe."

"Musiwave would bring key assets to us as we continue to bring our vision of Connected Entertainment to life," said J Allard, corporate vice president in charge of music at Microsoft.

"Its software expertise and extensive relationships with operators and music companies would help us take our products and services to the next level, giving people access to whatever entertainment content they want, whenever and however they want it."

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