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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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