Friday, June 6, 2014

Twitter wants to buy SoundCloud – TVI24

social network Twitter shows interest in the company uploads sounds SoundCloud. The entry in the music market may cover the music streaming service, Spotify and Pandora Radio.

The deal involves the purchase of SoundCloud. in a transaction valued at billion (approximately EUR 734.5 million), according to the Business Journal.

The entry of Apple in the music world has motivated the interest of the social network Twitter. The acquisition of Beat Electronics, which owns high-end headsets and music accessories, held last week and the deal was around three billion dollars (2.2 billion euros).

‘s actions Twitter devalued by half since the start of the year. The company is now worth one-fifth of Facebook, the social networking leader.

Twitter and SoundCloud not confirm the negotiations to date.

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