Panasonic bought Internet streaming radio company Aupeo, Panasonic said...
Panasonic bought Internet streaming radio company Aupeo, Panasonic said Monday, but didn’t say for how much. Aupeo “will maintain its base in Berlin with their employees,” Panasonic spokesman Jim Reilly told us. Aupeo “has global reach” and the purchase will…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
“further enhance” Panasonic’s offering to automotive customers, said Panasonic. “There is a considerable need for a connected and personalized media content platform that enables consumers to access content on any device while also enabling businesses to have a richer relationship with their customers,” said Tom Gebhardt, president-Panasonic Automotive Systems Co. of America, in a news release. “Conventional consumer-focused music and content services do not address all the needs of car manufacturers,” and Aupeo’s technologies and content delivery platform “provide a solution that is complementary to Panasonic’s automotive, business-to-business and business-to-consumer product lines,” he said. Aupeo was started in Berlin in 2008 by Armin Schmidt, and is licensed to operate streaming services in more than 40 countries, said Panasonic. Aupeo also offers more than 6,000 channels of terrestrial radio, podcast streaming and other services and “will continue to rapidly deploy new products” for the automotive and other industries, said Panasonic.