Mar 14, 2006

Kontiki Inc., the Silicon Valley company behind Open Media Network, has been bought by VeriSign Inc. for $62 million, according to Paidcontent.org, which calls Kontiki "among the few legitimate [peer-to-peer] solution providers out there and certainly the one with the most traction among the media industry." [VeriSign news release.] The firm provides online players for the BBC, AOL and other online video contestants. Pubcasting exec Dennis Haarsager, who has worked with Kontiki chief Mike Homer to shape OMN as a model for pubcasters online, views the sale as a positive sign.

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