Spotify has announced the acquisition of two new companies, Cord Project and Soundwave.

Spotify says the deals support its strategy of building a great experience for music fans, with both teams set to join the company's product development organisation.

“Spotify is laser focused on delivering innovative and engaging music discovery experiences to delight our millions of users,”, said Shiva Rajaraman, Spotify’s VP of product. “The acquisitions of both Cord Project and Soundwave give us the opportunity to bring two extremely ...