Best Buy has agreed to purchase Napster Inc. for $121 million, which values Napster at $2.65 per share. Best Buy said that it intends to use Napster’s assets to reach new customers with an enhanced experience for exploring and selecting music and other digital entertainment products by an increasing array of devices. Best Buy currently does not plan to

relocate Napster’s headquarters in Los Angeles, nor do they plan to build any significant changes in personnel.

Add a comment | From: Best Buy To Acquire Napster For $121m | Visit Ubergizmo | Good deals

Orginal post by Mike

Reviews Games Mechanical News Gismos Computers Gizmo Gadgets Electronic