Dynastrom gets acquired by Roku for $3.5M.
Dynastrom, an Aarhus, Denmark-based startup working on technology for multi room music streaming over wifi, was purchased by American company Roku.
The transaction was made in September 2017 for $3.5M and, as part of the deal, the two co-founders of the company, Bjørn Reese and Brian Møller, joined Roku and received 108,332 Roku shares.
Dynastrom, founded in 2014, developed AROS, an audio streaming technology designed to offer wireless audio experiences. The technology is based on a service-oriented middleware allowing multiple streaming, enabling consumers to continuously monitor network conditions to adaptively select fidelity streaming.