Deezer denies rumours of acquisition by Microsoft (translated) Story Deezer, the French privately-owned music streaming service, has officially denied rumours that it could be acquired by the listed US, Washington, Redmond-based software giant Microsoft, the French daily Le Figaro reported. The article referred to rumours reported by the information website Digital Music News, which claimed that discussions were held between Deezer and Microsoft regarding a potential acquisition of Deezer.
The report also cited Deezer co-founder Daniel Marhely as saying that his company was planning to launch its services in the US next year. Deezer is looking for a local partner in the US in order to help the group with the deployment of its services.
Deezer, which received a EUR 100m investment from the Russian investor Len Blavatnik in 2012, expects revenues of EUR 100m in 2013. It reported sales of EUR 60m in 2012. The company expects to break even in 2015.
Source Le Figaro