Virage inks to stream
Cyberbiz Brief
Online video content manager and publisher Virage has inked a deal with PacketVideo to provide interactive streaming video to wireless devices, including cell phones and PDAs. Financial terms were not disclosed. Under terms of its pact with PacketVideo, announced at lastweek's Streaming Media West confab in Long Beach, Silicon Valley-based Virage will combine its popular Video Application Platform with PacketVideo's MPEG-4 rich media encoding system, PVAuthor, to provide application and content developers with a new tool to enable the delivery of searchable video clips via wireless devices. AOL Time Warner, Sony, Motorola, Philips and Qualcomm are investors in PacketVideo.
PacketVideo becomes one of 125 content partners that have agreed to use Virage's Video Application Platform, which enables users to deploy, search, index, and manipulate video content over the Internet. Other high-profile users include ABC, Yahoo!, PBS, CNN, Fox Sports, CBS and Discovery Networks.
