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Microsoft invests in Internet TV company Move Networks

Aug262008

Microsoft invests in Internet TV company Move Networks

Microsoft has invested in Internet TV company Move Networks for an undisclosed sum, in a move to broaden the reach of its video streaming technology.

The investment comes roughly five months after the two companies struck a strategic partnership. In March, Microsoft said it would begin supporting Move Network’s video streaming technology within its own cross-browser video platform, Silverlight, which lets publishers customize navigation and ads. As part of Monday’s deal, Move Networks said it will support Windows Server-based encoding, Microsoft video-compression technology (codecs), and Silverlight’s digital rights management (DRM).

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