Wednesday, June 23, 2010

Report: Melodeo Acquired By HP

Seattle-based Melodeo is in the midst of being acquired by computing giant HP, according to a report in TechCrunch. TechCrunch cited "a source familiar with the deal" saying an agreement was signed this month. The deal is reportedly worth $30M to $35M. Melodeo was venture backed by GF Private Equity Group, Ignition Partners, Intel Capital, and Voyager Capital.