Comcast invests in a company GridNetworks
GridNetworks Company announced the conclusion of a cooperation agreement with a major U.S. provider Comcast.
Company GridNetworks, based in Seattle (Washington), is developing Internet television services. Platform GridNetworks implies a hybrid system of delivery of video and high-quality television shows on various devices, including personal computers and televisions. The principle of the system GridNetworks based on the use of technology and piringovoy geographically dispersed servers for the most rapid transfer of materials.
Under the terms of signed agreement, Comcast specialists will GridNetworks company helped to develop the means of delivery of content optimized for Internet service providers. In addition, Comcast GridNetworks will provide financial support, however, did not specify the volume of investments.
He added that just over two months ago, GridNetworks has received financial assistance amounting to nearly ten million dollars from the famous network equipment manufacturer Cisco and investment company Panorama Capital. It is possible that in the future development of GridNetworks will be integrated with home networking equipment for Linksys (unit Cisco) and television prefixes company Scientific Atlanta, which Cisco acquired in 2005.
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