Mike,
It looks like these two companies are in the process of putting together a platform for "distance learning". I would think that
this would be in direct competition with our E-School, which uses HyperTv as it's platform.
"Video is the single most important decision support and distance
learning medium in use today by the corporate enterprise," said
Paul Lego, chief executive officer of Virage. "As such, the need to
manage that information so that it can be easily accessed and deployed is critical. Combining searchable video from Virage with TEAMS'leading media asset management solution provides Global 2000
companies with a competitive advantage in their marketplace."
"Virage is the pioneer and recognized market leader in video and
image search products. Virage's VideoLogger and AudioLogger
software set the standard for real-time indexing and distribution of video across the Internet or corporate intranets and Virage has been
named the market winner by industry analyst group Frost & Sullivan.
Virage customers include ABC News, AltaVista, BBC, CBS News, CNN, CNN Interactive, Compaq, Federal Bureau of Investigation,General Motors, Harvard Business School, Lockheed Martin, Lucent Technologies, NASA, NBC News, Reuters and several classified U.S.government agencies."
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