Polyphonic HMI Awarded Music Recommendation Patent
Polyphonic HMI announced a patent award number 7,081,579 B2 related to its technology which covers a “Method and System for Music Recommendation.” The company cited a system that utilizes constellations of different songs across various genres, connected by similarities in characteristics like structure, melody, tempo, rhythm and frequency range. Music Intelligence Solutions doing business as Polyphonic is based in San...
Nokia Buys Loudeye
Nokia and Loudeye Corp. announced that they have signed an agreement for Nokia to acquire Loudeye for approximately $60 million. Under the terms of the agreement, Loudeye stockholders will receive $4.50 per share in cash for each share of Loudeye common stock. By acquiring Loudeye, Nokia can offer consumers a comprehensive mobile music experience, including devices, applications and the ability to purchase digital music. This...
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