Report: Apple acquires cloud music provider Omnifone? [Update: No]

Report: Apple acquires cloud music provider Omnifone? [Update: No]

A new report by Macrumors suggests that Apple may be behind the recent acquisition of Omnifone, a cloud-based music provider behind the MusicStation service as well as providing the foundation for mobile partnerships through companies including Samsung, Vodafone, LG, Blackberry, Sony, and others, powering Samsung’s Milk, Sony’s Music Unlimited and Blackberry’s BBM Music services. A report earlier this month in Music Ally indicated that Omnifone’s tech business and assets had been purchased by a “mystery buyer” in the U.S. for $10 million, and sources back in May of this year suggested to Music Ally that Apple was believed to be interested in the company. Despite earlier reports that Apple might purchase Omnifone for its patent portfolio, documents covering the sale note that the patent portfolio was excluded, as were all debts and investments, although the terms did include a “royalty bearing license” that the company claims will help it to determine the value of its patent collection; Omnifone holds a number of patents related to downloading music, digital rights management, and generating recommendations that would likely appeal to streaming music companies.

Update: Jim Dalrymple of The Loop notes that although the original report does indicate a “mystery buyer” of Omnifone, his sources have told him that Apple is not the buyer.

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