Microsoft Invests in Silverlight Streamer Move Networks
TechCrunch | August 25, 2008
Microsoft making a strategic investment in Move Networks, which helps deliver Web video for Silverlight-powered sites. Technically, the investment will be a follow-on to the $46 million C round Move announced last April. But it involves an undisclosed amount of new money.
With the Olympics over (NBC’s video was all Silverlight, although not powered by Move), Microsoft is now focusing on the Democratic Convention
Website, where Move will help to distribute the HD streams in Silverlight.