Equity Deals

Musicrypt Gets Financing for Secure Digital Single Distribution Service

Authored by dmw on May 18, 2006 - 12:23pm.
Toronto - Musicrypt, a provider of secure distribution of digital singles from record labels to radio stations, announced on Thursday that it has received about half of a $1.5 million financing through a private placement of its shares. Toronto-based Musicrypt's Digital Media Distribution System (DMDS) uses biometrics, encryption and watermarking to ensure secure distribution of pre-release music between record labels and radio stations, and internal distribution by labels. The funds will be used to expand the company's presence in the U.S., and to enforce its intellectual property rights.

Verizon Takes Stake in Online Games Technology Firm Super Computer

Authored by dmw on May 8, 2006 - 6:58pm.
New York - Verizon announced on Monday that it has acquired an equity stake in Super Computer International, a provider of equipment and services for online video games. Financial terms of the transaction were not disclosed. The companies are developing an online game browsing and messaging platform called PlayLinc, whose features will include IM and VoIP, server browsing, team management, buddy tracking and player invitations. "The platforms we are devising will reset the standards and expectations of online game players while simplifying and accelerating their ability to build highly customizable gaming communities and personalized social networks," said SCI CEO Jesper Jensen. Verizon and SCO plan a public beta test of PlayLinc this summer, and will then make the platform available to other gaming providers.