Consumer Electronics Daily was a Warren News publication.

Spotify Buys Cord Project, Soundwave To Boost Its 'Existing Strengths'

Spotify bought Cord Project and Soundwave to "further boost [its] existing strengths in developing engaging and innovative music experiences," Spotify said in a news release Wednesday. Both businesses will join Spotify's product development team, said Spotify, which didn't disclose the purchase price of either deal.