Spotify Has Acquired Cloud-Based Recording Software Soundtrap For “At Least $30 Million”

Spotify has acquired Swedish startup Soundtrap, a cloud-based digital audio workstation. In the new "at least $30 million" dollar deal, the streaming giant has purchased what appears to be their first foray into recording software. Launched in 2015 after two years in beta testing, Soundtrap allows users to collaborate on remixes and studio…

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