Verisign said Monday that it had entered into a definitive agreement to purchase file-sharing firm Kontiki. The Mountain View, Calif.-based company was bought for $62 million, and the transaction is expected to close by the end of the month.
The technology acquired from the deal would power VeriSign’s new Broadband Content Services platform, which would aim to deliver rich media content to personal computers, television sets and portable devices.
Kontiki’s P2P technology is already being used by AOL as part of its upcoming download service called In2TV. The technology would allow AOL to serve up high-quality videos without putting a great deal of strain on its own servers, while respecting the copyright protections of the content’s owners.
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