EchoStar Buys Move Net Technology

Joining the rush to send Web video onto the TV, EchoStar said it has acquired the technology of Move Networks, which facilitates the process.

The acquisition of the Utah-based company comes as Internet-enabled TV has been sparking an array of announcements at this week's Consumer Electronics Show. Move Networks is owned by a group of investors that include Mexican broadcaster Televisa.

EchoStar, which spun off from satellite provider Dish Network three years ago, develops and distributes set-top boxes and other advanced TV technologies.

"TV providers are increasingly demanding the highest-quality video delivery over normal Internet connections, and Move Networks' patent portfolio and proven customer experience allow us to give clients the core technology necessary to stream live and video-on-demand content," stated Roger Lynch, executive vice president at EchoStar Advanced Technologies.

Financial terms were not disclosed.

Move worked with ESPN and investor Televisa on a Web-streaming platform that is now ESPN3.com before expanding into Internet-to-TV video.

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