Confirming industry talks about its acquisition of iLike, MySpace said it will acquire the largest music application for social networks. However, it did not disclose the deal details.
Owen Van Natta, CEO of MySpace, said in a statement, The acquisition advances our relentless pursuit of innovation and the need to create new distributed social experiences in music and beyond.”
ILike will remain headquartered in Seattle and its management team will stay intact. iLike has 55 million users.