Radionomy acquires Winamp and Shoutcast to boost its streaming efforts

There were rumors that Winamp would find a rescuer following its shutdown, and today that rescue is official. Online radio platform provider Radionomy has acquired both WinAmp and Shoutcast from AOL (Engadget's owner) for an undisclosed amount. The deal is primarily a play for market share; now that Radionomy owns Shoutcast, it's powering roughly half of all internet radio. The company also plans to improve Winamp, making it "ubiquitous" across multiple platforms that include mobile devices and car infotainment systems. It's doubtful that Winamp will reclaim the prominence it had during its heyday, but the acquisition should at least give it (and Shoutcast) a new lease on life.

[Image credit: Theis Kofoed Hjorth, Flickr]