Apple has acquired music retailer Lala.com

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
ACQUISITION 
FDN Database Reference:  F231109-264
 
Acquirer:  Apple
ACQ Web:  http://www.apple.com
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 http://www.apple.com/pr/bios/jobs.html
 
 Vendor:  Lala
Vendor Web:  http://www.lala.com/
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 Lala.com. 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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