08 March 2017, USA:
Audio streaming service Spotify has acquired Sonalytic, a tech firm dedicated to audio and music recognition systems. The amount of the acquisition was not disclosed.
Spotify stated, “The Sonalytic team is passionate about creating technology to improve the music ecosystem for artists and fans. Their advancements in audio feature detection will be used in several ways to advance Spotify’s mission: from improving Spotify’s personalized playlists to matching songs with compositions to improve our publishing data system.”
Sonalytic, much like Soundwave, uses its software to identify songs and other forms of audio, as well as track certain material. The company will enable Spotify to construct more accurate playlists based on the listening habits of the user.