Radionomy acquires Winamp and Shoutcast to boost its streaming efforts

There were rumors that Winamp would find a rescuer following its shutdown, and today that rescue is official. Online radio platform provider Radionomy has acquired both WinAmp and Shoutcast from AOL (Engadget's owner) for an undisclosed amount. The deal is primarily a play for market share; now that Radionomy owns Shoutcast, it's powering roughly half of all internet radio.

via Tech News Headlines - Yahoo News http://ift.tt/L0CWxA