Apple has acquired music retailer

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FDN Database Reference:  F231109-264
Acquirer:  Apple
ACQ Web:
Location:  USA, Cupertino, CA
Region:  North America
Description:  American multinational corporation that designs and manufactures consumer electronics and computer software products
Category:  consumer electronics: software
Contact:  Steve Jobs, CEO
 Vendor:  Lala
Vendor Web:
Location:  USA, Palo Alto, CA
Region:  North America
Description:  Online music store allows members to buy, and share music on the web.
Category: Retail
Contact:  Bill Nguyen, founder
Aprox. Value:  Undisclosed ($17,000,000 according to TechCrunch)
Details:  Apple has acquired music retailer The company was started in 2006 with $35m in venture capital from Bain Capital, Ignition Partners and Warner Music.
Link: New York Times

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