By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Where Great Emphasis is Put on Research.

Google acquires stake in Viennese IT developer

Markus Rutz (CTO) and Frits Wittgrefe (CEO) of StreamUnlimited © Sebastian Philipp

The American company Google has acquired an equity stake in the Viennese IT developer StreamUnlimited, and now holds a good 41% shareholding in the company via its Irish subsidiary.

The Viennese firm specializes in the streaming of audio contents on the Internet. StreamUnlimited has a technology in its portfolio i.e. Stream SDK which bundles all audio functions required in digital loudspeakers. Accordingly, producers of consumer electronics in the audio sector can integrate the voice assistant Google Assistant and Amazon Alexa in their products 

The Viennese firm led by CEO Frits Wittgrefe works with JBL, Insignia, Onkyo and Panasonic, amongst others, which have built Google Assistant into their new smart speakers on the basis of this technology. The fresh capital is designed to be used to help the company in its further expansion efforts. “We will massively expand the site in Vienna and open up offices in California and China”, Wittgrefe said. StreamUnlimited emerged in 2005 from a team of developers at the Vienna-based Philips Audio Video Innovation Center.

Read more:

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • BIOMEDevice Boston 2020

    16. - 17.09.2020, Boston, USA

  • Festival of Enterprise London Event

    21. / 22.10.2020, London, UK

Austria Map

Find the perfect location for your company
Reliability and expertise in the country and in the company are the convincing factors in selecting a business location. We can be justifiably proud but can still become even more attractive. This is something Austria should increasingly work on in the future!

Pfizer

Logo
More testimonials

news from the business location Austria

Top Score for Lockdown – Austria convinces in current Deloitte entrepreneur survey with well thought out Covid-19 measures

Austria convinces in current Deloitte survey and gets top score for well thought out Covid-19 measures.

Concerning Facebook and LinkedIn: Austrian companies in the social media jungle

A growing number of companies are relying on social media to inform customers, open up new target groups and identify suitable employees. Firms are increasingly investing in Facebook and other social media as each year passes, However, at the same time the continuous further development and establishment of networks are also leading to uncertainties about the right way of handling these platforms.

More news All blog posts