Internet video service provider Onstream Media has agreed to acquire IPTV platform supplier and Microsoft partner Narrowstep in a stock-based deal. Narrowstep's telvOS platform provides content management, distribution and monetization functions, as well as digital rights management. The solution has been deployed by Telefonica and other IPTV and Internet video companies. Meanwhile, Onstream's carrier connections include a partnership with Qwest Communications. The Pompano Beach, Fla. company also reported in recent fiscal second quarter earning that its webcasting business was surging.
- check out this coverage at IPTV News