By John McCarthy

Music streaming company Spotify has primed itself for expansion with the acquisition of two startups.

It has bought New York-based company Cord Project, which primarily develops audio messaging servicing services, a talent-base Spotify will tap. Although it cautioned: “This acquisition is not specifically about voice messaging and there are no plans to enter that space.”

Dublin’s Soundwave, a music discovery app describing itself as the industry’s online “wartercooler”, also joins Spotify for an undisclosed fee.

A statement from Soundwave read: “The music industry is changing, and its changing fast.

“We think now is the perfect time for Soundwave to join forces with Spotify, the Read full story ›

Source: The Drum