Microsoft is to enhance its Internet streaming technology with the purchase of Vxtreme, a software company specialising in video over the Internet.
The deal complements Microsoft's agreement with Internet audio start-up Progressive Networks, made last month. This licensing and equity investment deal enables the giant to incorporate Progressive's Realaudio and Realvideo software into version 2.0 of Netshow, which launches this week.
Now Microsoft will also incorporate Vxtreme's compression technology for video into future versions of Netshow and integrate the two research and development teams. Terms of the deal remain confidential.
"Our goal is to enable everybody - media companies, businesses and consumers - to receive, originate and interact with these next generation broadcasts," said Bill Gates, chief executive of Microsoft, in a statement.
Cotton seedling freezes to death as Chang'e-4 shuts down for the Moon's 14-day lunar night
Fortnite easily out-earns PUBG, Assassin's Creed Odyssey and Red Dead Redemption 2 in 2018
Meteor showers as a service will be visible for about 100 kilometres in all directions
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data
New findings contradict conventional belief that Saturn's rings were formed along with the planet about 4.5 billion years ago