Spotify acquires Preact to boost its subscriber story

 Spotify — the music streaming service with 40 million paying subscribers — has made an acquisition that it hopes will help it hold on to them, and build up those numbers against encroaching streaming music competition from Apple, Pandora, Google, Amazon and more. The company has acquired a company called Preact, a cloud-based platform and service developed for companies that… Read More

Source: Techcrunch.com