American Fork, Utah - Move Networks, a provider of Internet TV distribution technology, announced that Microsoft (NASD: MSFT) has paid an undisclosed sum for a stake in the company.

Utah-based Move, which announced a $46 million third round of financing in April, is currently working with Microsoft and its Silverlight technology to deliver HD streaming from the Democratic National Convention.


"Our close relationship with Microsoft demonstrates their confidence in our ability to unlock the tremendous potential of Internet television for audiences, media owners, advertisers, and service providers," said Move Networks CEO John Edwards.

Related Links:
http://www.movenetworks.com