Planetvu will use Internap Network Services’ IP-connectivity, colocation and route-optimization appliances and VitalStream Holdings’ content-delivery network to deliver live on-demand fare via IPTV.
Once inside Internap’s data center, VitalStream delivers Planetvu's live video using the Windows Media platform. The VitalStream CDN architecture delivers broadcast-quality content to Planetvu's global audience regardless of location, size or device. And VitalStream's MediaConsole application allows Planetvu to acquire business intelligence and other important metrics such as audience size, location and viewing time needed to assess return on investment.
Internap and VitalStream also announced that the former will acquire all of the capital stock of the latter in exchange for the issuance of approximately 11.9 million shares of Internap's common stock.
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