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Print Edition StoriesFriday, April 11, 2008
VBrick, Akamai partner on live streaming service
VBrick Systems Inc. and Akamai Technologies Inc. have teamed up to bring deliver live streaming video content to businesses.
Under the deal, Cambridge-based Akamai (Nasdaq: AKAM) will provide its Stream OS as the power behind VBrick's new service offering, VBoss (VBrick online streaming service). According to officials at Wallingford, Conn.-based VBrick, VBoss will be offered as an on-demand model, in what the company calls video streaming as a service (VSasS).
No financial details of the agreement were disclosed.
According to Tim Napoleon, chief strategist, media and entertainment at Akamai, operating as a SaaS model will allow better control for content owners delivering rich media and will offer the reporting tools needed to commercialize the content.
Akamai report a profit of $101 million for 2007 on revenue of $636.4 million. The company employs approximately 1,300 workers.
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