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Samsung buys cloud storage provider mSpot

Gets ever closer to own brand cloud offering

Samsung has announced an acquisition of cloud storage provider mSpot.

The move signals that the firm will launch its own branded cloud service soon to take on the likes of Google Drive, Dropbox and others. The deal was announced on Wednesday for an undisclosed sum.

TJ Kang, senior vice president of Samsung’s media solution center said: "mSpot shares our vision to bring a best-in-class cloud and streaming entertainment experience to consumers, and they’ve backed it up with innovative technical solutions from a great engineering team."

The service, possible called S Cloud, will include entertainment content such as music, video and radio for Samsung smartphones and tablets, according to a press release. This will include the Galaxy S3 and we assume that it will also offer cloud storage for user files.

Daren Tsui, CEO of mSpot said: "Samsung is unparalleled in terms of global reach and cutting edge devices; with our combined resources, we are looking forward to redefining media consumption across the mobile universe with cloud services."

Samsung said the mSpot's entertainment services will be a key feature of mobile device announced in the future.

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