Music streaming company Spotify has bought The Echo Nest, a Somerville company that powers many online streaming radio services.
Founded at the MIT Media Lab, The Echo Nest has more than a billion data points about more than 35 million songs, information that is currently used by Spotify and many of its competitors, including Rdio, MOG and SiriusXM.
"We've been fans of The Echo Nest for a really long time and honored to have their talented team join Spotify," said Daniel Ek, founder and CEO of Spotify, in a release.
"Together, we're going to change how the world listens," wrote The Echo Nest co-founders Tristan Jehan, Brian Whitman and CEO Jim Lucchese in a blog post.
The Echo Nest will continue to operate independently in its Somerville and San Francisco offices.
David Blutenthal, whose app Moodsnap taps into both The Echo Nest and Spotify, said the acquisition makes sense.
"It's going to make Spotify better," he said.
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