Spotify buys The Echo Nest, a company that helps power Xbox Music and MixRadio

[Windows Central]

Odds are most of you haven?t heard of The Echo Nest. It?s a music intelligence platform company that provides various music services to developers and media companies. The Echo Nest started from spin-off research work done at the MIT Media Lab. The company offers music recommendation, playlist generation, acoustic analysis, music identification and data feeds. Developers and companies can tap into the vast data base of Echo Nest.
You might not have ever heard of Echo Nest, but you probably use their services data. Xbox Music, Nokia MixRadio, Spotify and Rdio all have components powered The Echo Nest. One of those companies just bought the Echo Nest.

Full story from the WPCentral blog...

 

[BIGPADDY]

Very interesting