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Napster (NAPS)

Stock (Business Software & Services Industry, Services Industry)

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Acquired

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This company has recently been acquired or received a credible acquisition offer.

Napster, Inc. (NAPS), formerly Roxio, Inc., is a leading provider of digital music. The company was incorporated in August 2000 as a wholly owned subsidiary of Adaptec and was spun off as a separate entity in May 2001. After acquiring Pressplay online music service in May 2003, the company updated its service with value-added features and launched it as a paid service under the Napster brand name. The subscription service enables fans to freely sample the world's largest and most diverse online collection of music and experience the largest number of features. This service allows users to legally play, download, and burn (copy) online digital music legally.

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Categories: Acquired | Technology | Services | Business Software & Services

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