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Digital Ad Delivery Firm DG Systems Secures $25 Million Credit Facility

Authored by Mark Hefflinger on February 16, 2006 - 8:22am.
Dallas - Digital Generation Systems (DG Systems), a provider of digital media advertising services for the advertising and broadcast industries, announced on Thursday that it has secured a new $25 million credit facility with Wachovia Bank N.A. The company also executed a $35 million commitment from Wachovia, which will allow DG to refinance the debt of FastChannel Networks. DG agreed to merge with FastChannel in December 2005, and assume up to $10 million of the company's debt. Dallas-based DG Systems provides digital media ad delivery technology to a network that includes 5,000 advertisers and agencies, 3,800 broadcasters and over 10,000 radio stations.
tags: Secure | DG | Digital Ad | Credit | Facility |

Israeli Mobile TV Chipmaker Siano Mobile Secures $20 Million Investment

Authored by Mark Hefflinger on February 3, 2006 - 6:50am.
Tel Aviv - Siano Mobile Silicon, an Israel-based developer of integrated semiconductor receivers for mobile digital TV, announced that it has raised approximately $20 million in second round funding. The announcement comes just six months after the company raised more than $9.6 million. Jerusalem Venture Partners led the latest round, with existing investors Walden Israel and Star Ventures also participating. Siano's chips bring digital TV functionality to satellite navigation devices, mobile phones, smart phones/PDAs and other mobile and portable devices.
tags: Mobile | Chipmaker | Secure | Investment | Israeli | Siano |

Peer-to-Peer Veterans iMesh Launch Secure, Paid File-Sharing Service

Authored by Mark Hefflinger on October 25, 2005 - 7:10am.
New York - Peer-to-peer music file-sharing service iMesh on Tuesday became the first of its breed to migrate from an unauthorized network, targeted by recording industry lawsuits, into a fully-licensed, for-pay file-sharing service. The Israel-based developers of iMesh were sued by the major record labels for copyright infringement, and in July 2004 settled the lawsuit and pledged to develop a secure, for-pay file-sharing service. The company at the time paid $4.1 million to the labels, in exchange for an agreement to allow the free iMesh to continue operating while the new service was created, CNET News.com reported. The beta version of iMesh 6.0 offers file-swappers a selection of some 15 million tracks from both the iMesh and Gnutella peer-to-peer networks, 2 million of which are authorized tracks from major and independent labels, and public domain content. Tracks not licensed for downloading will be blocked from users' computers by filtering software. Following a free trial, users will pay $6.95 per month for an ad-free service that allows tethered downloads and includes many social networking features. The company told CNET News.com that a future version will also allow songs to be transferred to some Windows-compatible portable players. A similar paid file-sharing service called Mashboxx is also slated to launch in the fall.
tags: Launches | iMesh | Secure | Peer-to-Peer Veterans | Paid File-Sharing Service |

Secure CD Burning Software Firm Immediatek Acquires Incanta

Authored by Mark Hefflinger on October 23, 2003 - 10:21am.
Richardson, Texas -- Immediatek, a provider of secure CD burning and other copy-protection technologies, announced on Thursday that it is acquiring the assets of Georgia-based Incanta, a provider of secure content delivery technology for broadband service providers. Financial details of the all-stock transaction were not disclosed. Texas-based Immediatek said it is acquiring the assets, which include a multi-format media player, from Incanta co-founder and CTO John Brothers, who bought the assets out of bankruptcy earlier this year. "We are planning to deploy our Secure Burning Kernel as a plug-in which will initially be used in the Incanta player, but will also work with other leading media players," said Immediatek CEO Zach Bair. "The plug-in will allow secure burning directly from a playlist, and will add an extra layer of protection for artists, labels and content providers, but it will still allow maximum playability and limited legal file-sharing."
tags: Software | CD | Secure | Immediatek | Incanta |

House Passes Bill to Secure Govt. PCs from Peer-to-Peer Networks

Authored by Mark Hefflinger on October 8, 2003 - 4:55am.
Washington -- The U.S. House of Representatives on Wednesday passed legislation regulating the use of peer-to-peer networks such as Kazaa on government computer networks, in an effort to protect sensitive data from accidentally being exposed to millions of P2P users. The bill was sponsored by Rep. Tom Davis (R.-Va.) and Rep. Henry Waxman (D-Ca.), who noted that peer-to-peer networks been found in use on computers in such sensitive locations as the government's nuclear laboratory in Los Alamos, New Mexico. The law mandates that executive branch departments and agencies come up with security measures and employee training to prevent the leakage of sensitive information; both the House and Senate have already secured their own respective offices' networks. "File sharing technology is not inherently bad, and it may turn out to have a variety of beneficial applications," said Davis. "H.R. 3159 recognizes this by protecting the ability of federal agencies to pursue innovations in peer-to-peer technology on government networks, as long as they do not put government information or computers at risk."
tags: Law | Bill | Secure | Peer-to-Peer |