Panasonic Corporation has acquired Aupeo GmbH, an online music streaming service and technology platform provider, based in Berlin, Germany.
Panasonic will use Aupeo technology to offer its automotive customers personalized audio content.
Tom Gebhardt , President of Panasonic Automotive Systems Company of America said,”Providing connected services and mobile content delivery that both appeal to consumers and enable product differentiation is critical to the automotive industry.”
He added that 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. 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.
“Aupeo was founded with a clear vision to deliver online and seamless content services to internet-connected devices,” said Holger G. Weiss , CEO of Aupeo. “At that point, we saw the car as our most important focus. It is exciting to become a part of the Panasonic family as our industry continues to grow rapidly and mature. Aupeo and Panasonic remain deeply committed to providing current and potential customers in all industries with leading global music and audio streaming services and technologies.”
Aupeo was established in Berlin in 2008 by Armin G. Schmidt and operates streaming services in more than 40 countries, offering consumers a rich personalized music experience. Aupeo also offers consumers more than 6,000 channels of terrestrial radio, podcast streaming and other services and will continue to rapidly deploy new products to meet the demands of end-users as well as Panasonic’s customers in the automotive and other industries.
