The Deal
Saturday, November 21, 
7:03 am

Aluratek introducing Internet radio devices

  Share     E-Mail    Discussion    Print Story


aluratek.gifPreviously known chiefly for its computer peripherals and digital picture frames, startup Aluratek Inc. has introduced the first of two planned Internet radio products intended to provide access to the myriad free stations streaming on the Web.

The company says it will begin selling a portable alarm clock that picks up Internet radio streams via wireline or Wi-Fi connections, and requires no subscription. Licensing issues are handled through a partnership with content provider vTuner.com of New York, and Aluratek considers itself a hardware company rather than a service provider, according to vice president of sales and marketing John Wolikow.

A second product, expected in a few weeks, will consist of a thumb drive that acts as a key to Internet radio stations from around the world. When the device inserted into a USB port, a world map similar to Google Earth's pops up, allowing the user to click on a location to hear any available stream from that place.

Aluratek remains bootstrapped by its founders, but Wolikow says it may explore an arrangement with outside investors in the future. He acknowledged that all of its sales for the new product will initially arrive through online vendors, while agreements with brick-and-mortar stores have come along slowly. Still, he said he expects electronics stores to carry the products by the 2008 holiday season. -- Paul Bonanos

See June 17 press release from Aluratek

Continue reading below

Also on Dealscape





Post a comment




The Deal Pipeline

Deal Video


Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



©Copyright 2008, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.