I like the purchase by Sony though I am surprised it was not Sony music. Gracenote has a solid team - good technology, a commanding market share and is the only company I can think of that is at the absolute top of the value chain. That does not mean Gracenote was a good investment for their investors (they raised north of 50 million I believe) so maybe a 2 or 3x for them (guessing here).
As a company Gracenote has the opportunity to continue to push forward with some new tech (I like their ‘geo-locating feature) - I wonder if the Ps3 has some further designs on music that we are unaware of.
