Cha2....same thing was done earlier this month by ISLD..
September 07, 1999: 3:15 p.m. ET
SAN FRANCISCO, CALIFORNIA, U.S.A. (NB) -- By Laura Randall, Newsbytes. Digital Island [NASDAQ:ISLD], a provider of cross-border Web hosting and private networks, is teaming with streaming media company RealNetworks [NASDAQ:RNWK] and software maker Inktomi [NASDAQ:INKT] to build a network that adds video and audio delivery to its global e-business services. Digital Island already delivers applications and content to its 81 global e-business customers. With this latest deal, the company wants to expand its "geographically intelligent" network with high-quality streaming video and audio and a guarantee of content control.
For example, the new network will enable a Madonna fan in Iran to download a high-quality copy of her latest video in less time by bypassing the traffic of the mainstream Internet, said Digital Island spokesman Irwin Greenstein. At the same time, a major record label that wants to block the downloading of Madonna's latest video in Iran can do so through the firm's TraceWare technology. Acting as a sort of Internet atlas, TraceWare enables the granting or restricting of user access to content on a per-country basis, Greenstein said.
Financial terms of the non-exclusive streaming deal weren't disclosed. Digital Island is enhancing its network by integrating RealNetworks' G2 software for delivering sound and video and Inktomi's software for storing data on the network. The companies claim the network is the first of its kind for broadcasting sound and video worldwide on the Internet.
Digital Island, which went public on June 29, has been carving a niche for itself in the Internet caching market by focusing on the often-onerous exchange of cross-border e-commerce. So far, it has inked deals to provide networking services to 81 companies in 19 different countries, Greenstein told Newsbytes.
The San Francisco company has also recently signed caching deals with Compaq Computer, Bidcom, Intraware, and E*Trade. Internet caching firms try to sidestep network congestion to deliver Internet content services via satellite or a decentralized network of servers. Digital Island's competitors in the global network services market currently include UUNet, Akami, Sandpiper Network, and Inktomi. But analysts expect big players like AT&T, Cable & Wireless and Exodus to develop their own overseas caching technologies. Internet Research Group, a market research firm in Los Altos, Calif., predicts the caching market will grow to $1 billion by 2000. |