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Report: Move Networks Shuts Down, Seeking Sale

socalTECH

JUNE 30, 2010

Streaming video technology firm Move Networks --which apparently moved to Irvine sometime over the last year from Utah after a management shakeout--is reportedly shutting down, and by some reports is now looking for a buyer. The firm, which was started by Novell founder Drew Major, had been backed by Benchmark Capital, Cisco Corp.,

Sales 140
Sales Networking Steamboat Ventures Report 140
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Move Networks Acquired by Echostar

socalTECH

JANUARY 6, 2011

Move Networks , the venture backed developer of high definition streaming technology for Internet video, has been acquired by Echostar , the firms said Thursday afternoon. Financial terms of the buy were not disclosed.

Steamboat Ventures 168
Steamboat Ventures Networking Startup Capital 168
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