Looking for a component for ripping and playing CD's.

There are a number of ripper / streamers. But in this day and age I would just recommend getting the best streamer you can afford and skip the ripping all together. For $14/month you can get access to over ten million albums, on Qobuz (the best sounding streaming service) you’ll have access to half a million high resolution albums (higher than CD). Streaming can sound the same or better than ripped files depending on equipment. Time and money buying the transport part could be better spent on just a better quality streamer.

My rule of thumb is if you carefully choosing a great streamer for your system is best matched if $streamer = $DAC = $preamp = $amp. If you want to maximize the sound of your system.

I think that what you are looking for is a server with a cd drive that plays and rips cds to internal storage.  Offhand I can think of a couple of brands that have servers that do this.

Innuous, Baetis, Aurender.  Check out those brands and they should lead you to more.

That Oppo is inticing.  Doesn't seem to have any ripping capability.  I want to own the music that I purchase.  

• Cocktail Audio
• HIFI Rose

I own an early version of the Cocktail Audio ripper/player. Came with 1TB hard drive and a web app to operate it. Worked great for me.  CD drive eventually wore out but it was easy enough to buy a new, generic drive, open the case, and plug it right in to the standard connector.