Monday, March 13, 2006

VeriSign Acquires P2P Firm Kontiki

Ed Oswald writes on BetaNews:

Verisign said Monday that it had entered into a definitive agreement to purchase file-sharing firm Kontiki. The Mountain View, Calif.-based company was bought for $62 million, and the transaction is expected to close by the end of the month.

The technology acquired from the deal would power VeriSign's new Broadband Content Services platform, which would aim to deliver rich media content to personal computers, television sets and portable devices.

More here.

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