Internap to Acquire Streaming Services Firm VitalStream for $217 Million
Atlanta - Internap Network Services, an Atlanta-based provider of performance network services over the Internet, has agreed to pay $217 million in stock to acquire VitalStream, a California-based provider of audio and video streaming services. Under the agreement, Internap will issue about 11.9 million shares of common stock. Internap said that by combining the two companies' product lines it will be able to meet the needs of customers seeking to both deliver rich media content and monetize that content.
http://www.internap.com/about/newsroom/page2826.html
http://www.vitalstream.com
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