Informix Software, Cisco Systems and Softbank have between them paid out $10 million for equity stakes in Vxtreme, a Californian company which develops software that enables user to see video directly from the Internet.
The three companies' investment guarantees each of them a seat on the Vxtreme board of directors. These will be taken up by Ed Kozel, chief technology officer of Cisco, Phil White, chairman of Informix and Gary Reischel, VP of Softbank.
Each of the firms will use the Vxtreme software in different projects. Cisco will work with Vxtreme to ensure that its video streaming technology is compatible with its own Internetworking Operating System products, while Softbank?s Comdex unit will use the software for Web-casts of trade show events.
Informix intends to use the Vxtreme technology in a video Datablade module which will plug a gap in its recently released Informix-Universal Server object-relational database. "The missing piece [of Universal Server] until now has been the ability to stream content data over the network to give users click-and-play access to video, audio and other real time content," said Informix?s White.
The Vxtreme product line is known as Web Theater and consists of three main components: Server, Client and Producer. Web Theater Server enable users to begin viewing video files over corporate intranets and the Internet without waiting for the entire file to download.
Web Theater Client acts as a plug-in to Netscape Navigator and Microsoft Internet Explorer. It allows users to view Web pages on which video is integrated with text. The Web Theater Producer includes video capture, compression and Web authoring tools.
In a separate move, Softbank is rumoured to be set to make an investment in Sembawang Media Pte, a Singapore-based Internet service provider.
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