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Onstream takes Narrowstep
Onstream takes Narrowstep
Onstream Media Corporation, an online service provider of live and on-demand Internet video, is to acquire ‘TV on the Internet Company’ Narrowstep. The combination of Narrowstep’s automated IPTV platform, telvOS, and Onstream’s Digital Media Services Platform (DMSP) is expected to result in a single comprehensive platform with a unique ability to acquire, store, manage, process, protect, monetise and deliver, digital broadcast quality video to TV’s, computers, iPods, mobile phones, etc.
"Since the founding of Onstream Media our strategic direction has been predicated on capitalising on the integration of video-on-the-web and broadcast television, making web-based programming indistinguishable from over-the-air, cable or satellite-originated programming," said Randy Selman, president and Chief Executive Officer of Onstream Media. "With the addition of Narrowstep, we now have a full suite of enabling technologies to address this emerging market requirement. He suggested that the combination of the two companies would make Onstream even more attractive to a wide-range of potential partners, including telecom, satellite and cable companies, and hardware vendors
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30-05-2008, 11:17 PM
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