SAN FRANCISCO (AP) — Smule is hoping to make beautiful music with fellow app creator Khush through an acquisition announced Thursday.
In an interview Wednesday, Smule Inc. CEO and co-founder Jeffrey Smith said the goal of combining the two companies is to democratize the creation of musical content and distribution. Smith said it is a cash-and-stock deal, though precise terms are not being disclosed.
Palo Alto-based Smule, makes music apps, including the free iPhone app Glee Karaoke.
The combined company has 27 million customers, 8.5 million of which come from Khush.
Khush Inc. grew out of the Georgia Tech Music Intelligence Lab and makes music apps that use artificial intelligence. It currently offers three iPhone apps including LaDiDa, which, for $2.99, turns a user’s singing into a pitch-corrected song.
