Apple Buys For $4.5 Million For Cloud-Based Service; Will Go Beyond Music


AppleInsider has just reported that according to “people familiar with the matter”, Apple has started using the iCloud name internally within several products currently under development thus confirming reports that Apple has acquired the domain name.

Xcerion – a Sweden based company that offered a web-based file storage service under the iCloud brand name until recently, has rebranded it to CloudMe. Apple is reported to have purchased the domain name and other related domain names from Xcerion for a whopping $4.5 million.

AppleInsider reports:

Apple has begun adopting the “iCloud” name within several products currently under development, suggesting the appropriately labeled moniker is indeed the frontrunner for the company’s soon-to-debut Internet cloud service, which will span beyond streaming music, AppleInsider has learned.

According to people familiar with the matter, Apple is prepping beta versions of both iOS 5.0 and Mac OS X Lion ahead of its annual developers conference that integrate with a service dubbed “iCloud,” enabling users to sync and store much of the same information they currently can with the company’s existing MobileMe service, such as bookmarks, email, contacts and iCal events.

Though we’ve heard several rumors that indicate that Apple is getting ready to launch a cloud-based music service, which will allow users to upload their music to Apple’s servers so that they can access them from various devices. We feel it would be more useful if the service goes beyond music. AppleInsider reports that they’ve heard just that:

But evidence seen by AppleInsider suggests the service will go beyond music, and could be the central component of a revamped Apple’s existing MobileMe service. To this end, reports dating back to February characterized Apple’s plans future internet service plans as including a digital “locker” that would hold all of a users personal memorabilia, including photos, music and videos. That would negate the need for future Apple mobile devices like an iPhone to have a great deal of internal and costly flash memory storage.

Apple could potentially use the domain name for its new cloud-based service instead of using MobileMe. It remains to be seen when Apple plans to launch the cloud-based service and how much it will cost. We were expecting Apple to launch it at WWDC 2011 when it will unveil the next generation iOS – iOS 5, which we’ve heard will be heavily built around the cloud and expected to include features like the digital locker.

Are you excited about iCloud? What else do you want from the cloud-based music service?