Web Radio Services Firms Ando Media, Spacial Audio to Merge

Authored by Mark Hefflinger on August 12, 2009 - 9:32am.

Boston - Ando Media, a provider of real-time audience measurement and advertising management services for the Internet audio market, announced on Tuesday that it has agreed to merge with Spacial Audio, a developer of audio, encoder and ad insertion technology for commercial broadcast and corporate clients.

Financial terms of the transaction were not provided.

"This merger brings together the strength of Ando's more terrestrial customer base with Spacial's large Internet-only base," said Ando Media CEO Bob Maccini.

"Together, we now are working across the entire spectrum to drive the streaming audio category to new levels."

Both brands will continue to operate independently while the companies plan to optimize resources and offerings as a merged company.

Related Links:
http://snipurl.com/pr5ws

http://www.andomedia.com

http://www.spacialaudio.com